#multilateral development bank News

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The UK government has reclassified nearly £500m of aid for war-torn and impoverished countries as “climate finance”, in a bid to meet its international commitments under the Paris Agreement.
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The World Bank and International Monetary Fund (IMF) held their spring meetings last week in Washington DC – a key event in a critical year for international climate finance.
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Cambodia’s reliance on microloans, long touted as a way to reduce poverty, belies concerns over debt-fuelled deforestation.
Dedy Mahardika, International Finance Corporation
Mahardika joins the World Bank's private finance arm to advise the manufacturing, agribusiness and services sectors on decarbonisation solutions and investments.
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#multilateral development bank Opinion

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Governments in the region must fix their opaque regulatory frameworks and make use of innovative financing models, says analyst Shantanu Srivastava.
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Given the escalating climate crisis, multilateral lenders must urgently adopt an approach to development aid that emphasises prevention. By incorporating structural vulnerabilities into their allocation formulas, the World Bank and others can strengthen poor countries' resilience and increase fairness, efficiency, and transparency.
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Climate change is not some distant menace; its effects are already being felt worldwide, especially in climate-vulnerable developing economies.
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Viewing nature as infrastructure is transformative, because it forces us to think in a more systemic way. As we pursue growth and development, we must not only avoid damaging nature; we must also strengthen and enrich it through “nature-positive” investments – all while tapping its vast potential to deliver essential services.

Carbon & Climate

How to salvage COP28

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#multilateral development bank Videos

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#multilateral development bank Podcasts

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The Bangko Sentral ng Pilipinas assistant governor tells the Eco-Business Podcast about the regulator’s maiden sustainability report that features an empirical study of climate impacts on banks as well as the nation’s first taxonomy.
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#multilateral development bank Research

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Transforming Innovation for Sustainability Join the Ecosystem →