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AIIB launches climate action plan to tackle climate change

SHARM EL-SHEIKH, Egypt, Sept. 25 (Xinhua) — The Asian Infrastructure Investment Bank (AIIB) on Monday launched its Climate Action Plan (CAP), which it refers to as “a milestone” in its ongoing commitment to combatting climate change.

Designed to guide the AIIB’s climate ambition from 2024 to 2030, the CAP brings together the principles governing the bank’s climate financing while identifying crucial action area