US Treasury, USAID call in development banks for urgent talks on extreme heat

WASHINGTON, USA – The US Treasury and the US Agency for International Development are calling leaders of multilateral development banks into an urgent meeting on extreme heat and its devastating impact on developing countries, according to Treasury officials.

The private, virtual meeting on Thursday morning, June 27 – the first of its kind – is aimed at finding ways to shift more resources to help countries build climate resilience and adaptation to reduce extreme heat damage amid a summer of record temperatures globally...