World Bank pledges extra $29bn to poorer nations for climate change fight

Jim Yong Kim, president of the World Bank Group, said it could boost funding by a third in response to client demand The World Bank has pledged to boost by up to $29bn the financial assistance pledged to poorer nations to cope with climate change, bringing closer the possibility of reaching a target of $100bn a year by 2020. Related: Migration can help to forge a more prosperous world, says World Bank