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      Question

      Which institution will back the Asian Development Bank's

      climate-related lending with sovereign guarantees?
      A International Monetary Fund Correct Answer Incorrect Answer
      B United Nations Development Programme Correct Answer Incorrect Answer
      C United States and Japan Correct Answer Incorrect Answer
      D European Union Correct Answer Incorrect Answer
      E World Bank Correct Answer Incorrect Answer

      Solution

      The United States and Japan will provide sovereign guarantees of $1 billion and $600 million, respectively, enabling the Asian Development Bank to boost climate-related lending by $7.2 billion.

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