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Multilateral development banks (MDBs) today issued a joint statement at COP29 in Baku outlining financial support and other measures for countries to achieve ambitious climate outcomes. MDBs estimate ...

A new report from the six large multilateral development banks (MDBs) breaks down their combined climate finance commitments in 2014, looking at mitigation, adaptation and regional investments. Over ...

Emerging market and developing economies (EMDEs) need large financing for climate action. The Independent High-Level Expert Group (IHLEG) on Climate Finance, which submitted its report in November ...

The Big 7 multilateral development banks (MDBs) are dropping the ball when it comes to financing green energy. A new report, called “Small Steps Are Not Enough,” from Christian Aid’s Big Shift Global, ...

At the COP29 climate talks, World Bank President Ajay Banga (middle) committed to increase climate finance available through MDBs for low- and middle-income to $120 billion per year by 2030, much of ...

The world's six largest multilateral development banks issued the following statement on June 19, 2012, about their commitment to the Rio+20 agenda for sustainable development and inclusive green ...

LOW- and middle-income countries like the Philippines can access at least $120 billion worth of climate financing from multilateral development banks (MDBs) by 2030. In a joint statement, MDBs like ...

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