“To build climate resilience, a sound natural capital accounting policy is vital to explore alternative financing opportunities and access much needed climate finance given the high level of debt distress in Maldives,” said the World Bank Country Director.
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World Bank: Climate financing opportunities need to be explored to address environmental issues
Malika Shahid
2024-02-26 11:08:00
The World Bank has highlighted the importance for the Maldives to protect its natural capital as the foundation of its economy.
The World Bank's Country Environmental Analysis (CEA) evaluates the environmental and climate challenges hindering the nation's development, offering a set of recommendations for a sustainable and resilient future.
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