Multilateral Development Banks
2030 Goals
01
MDBs commit to triple their climate financing by 2030, moving from $190bn USD per year to $390bn per year, without negatively impacting development finance flows.
Increase climate finance volumes
The MDBs have a unique opportunity to drastically increase their climate finance flows by following the recommendations in the Capital Adequacy Framework report, which can reduce the long-term costs of inaction.
Status
Moderate Progress
MDBs are in a unique position to greatly increase their climate finance volumes, following the recommendations from the CAF report. Current climate finance flows from the MDBs, while considerable, are only a small fraction of the volume necessary. In particular, adapted approaches to risk tolerance and callable capital could enable higher volumes of climate finance, as could non-traditional financial instruments such as equity.
Leading Actors
Cooperation is required between these actors and audiences to drive progress foward in Increase climate finance volumes.
Leading Countries
United States of America
Leading Countries
India
Related Topics
MDB reform mandates
MDB Reform
Moderate Progress
MDB Risk Appetite
MDB Reform
Moderate Progress
IDA21 Replenishment
MDB Reform
Moderate Progress
Credit Rating Agency Cooperation
MDB Reform
No Progress
Originate-to-Distribute Models
MDB Reform
No Progress
Standardization, Data-Sharing, and Transparency
MDB Reform
No Progress
Scale proven Risk-Sharing Instruments
MDB Reform
No Progress