Given the pivotal role of public finance agencies in scaling up climate finance, Multilateral Development Banks (MDBs) have a major role to play in mainstreaming climate change and in providing finance in an effective, catalytic manner. Transparent and credible information on finance flows are essential to demonstrate the effectiveness of delivering impacts on the ground.
The Joint Report on MDB Climate Finance captures a particular context of activities that Multilateral Development Banks (MDBs) carry out in developing and emerging economies. The context is built on the premise that development finance is being provided in a world shaped by climate change. The report covers financing for climate change mitigation and adaptation projects and activities, in developing and emerging economies, committed by the group of MDBs in 2014.
Publication Date: 06.2015