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  2. MDB Reform

MDB Reform

MDBs are central actors in the international financial architecture and have begun work on a reform agenda to respond to the scale of the climate challenge. MDBs need to work as a cohesive system to support country-led climate strategies, including by streamlining access and scaling innovative risk-sharing mechanisms.

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Related Resources

Publications and educational material to deepen understanding of MDB Reform and related topics.

Credit Rating Agency Methodology for Multilateral Development Banks

Credit Rating Agency Cooperation

Report from the MDBs from October 2025 on cooperation with CRAs to date and areas for future engagement.

How callable capital can be used to grow MDB lending capacity

MDB Risk Appetite

The callable capital of the World Bank and other multilateral development banks is the ultimate unknown quantity — but it shouldn’t be. An article by Devex.