Multilateral Banks: Swift Action Needed
Relevance GS Paper 2 Important International Institutions, agencies and fora – their Structure, Mandate. Tags: #Asian Development Bank #ClimateFinance #MintEditorial #UPSCMains2024. Why in the News? Multilateral development banks (MDBs) like the Asian Development Bank (ADB) need bold reforms to raise financing capacity and combat global crises like poverty, climate change, and the cost of living. Business as usual …
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