Report: Multilateral Development Banks Invest More in Climate Protection

Wind Industry Profile of

Climate financing by seven of the world’s largest multilateral development banks (MDBs) accounted for US$ 61.6 billion in 2019, of which US$ 41.5 billion (67 percent) was in low- and middle-income economies

Climate financing by seven of the world’s largest multilateral development banks (MDBs) accounted for US$ 61.6 billion in 2019, of which US$ 41.5 billion (67 percent) was in low- and middle-income economies, according to the 2019 Joint Report on Multilateral Development Banks’ Climate Finance. The study expands the scope of reporting for the first time to all countries of operations. It now provides data on MDB climate finance commitments beyond those directed solely at developing and... ... More: Official Press Release EBRD

Keywords:

MDBs, climate protection, climate change, low, middle, income, country, worldwide, money, investment, greenhouse gas emissions, CO2, renewable energy