Investing in more resilient infrastructure in low- and middle-income countries would yield a net benefit of US$4.2 trillion, with $4 in benefit for each $1 invested, finds a new report from the World Bank and its Global Facility for Disaster Reduction and Recovery.
+Read MoreJust three days before he left office on January 20, U.S. President Barack Obama transferred a second installment of US$500 million to the Green Climate Fund, based in South Korea’s Songdo International Business District.
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