EconomyWorld’s Biggest Climate Fund Frees Up $4 Billion Using Leverage
The world’s largest state-backed climate fund is changing how much capital it keeps on hand. By sharply reducing the amount it plans to hold in the future, the fund can unlock billions of dollars in additional lending capacity. The move is expected to free up about $4 billion. It highlights how financial leverage is being used to expand the fund’s ability to provide climate-related financing.
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World’s Biggest Climate Fund Frees Up $4 Billion Using Leverage
Economy