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Exclusive: World Bank seeks more funds to address climate change, other crises, document shows

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Exclusive: World Bank seeks more funds to address climate change, other crises, document shows

The World Bank is seeking to vastly expand its lending capacity to address climate change and other global crises and will negotiate with shareholders ahead of April meetings on proposals that include a capital increase and new lending tools, according to an "evolution roadmap" seen by Reuters on Monday.

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