#multilateral development bank News

World Bank Washington DC
Civil society groups say the bigger totals do not automatically translate into the adaptation and loss and damage support developing countries need, and warn that the World Bank’s climate retreat further weakens ambition across the multilateral development bank system.
Beijing city night scene
World Bank’s planned phase‑out of lending to China by 2031 removes a reliable borrower, risking a smaller balance sheet unless governance and lending rules are updated to channel more capital into riskier, lower‑income countries, according to green finance specialist Christoph Nedopil Wang.
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Connecting remains too expensive for many rural poor, while solar stopgap measures prove insufficient for their needs.
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Policies encouraging use of cleaner steel and cement in Chinese-financed construction projects could help drive down emissions.
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#multilateral development bank Opinion

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As the country moves to meet its renewables targets, grid projects must be negotiated so Cambodia retains control over operational data.
Alley_Delhi_India
Multilateral development banks have not kept pace with changes to the global financial environment. For middle-income countries like India, accessing knowledge and technology is now a bigger challenge than raising capital, which suggests that these institutions must rethink their operating model.
COP29_Baku_Delegates
Much of the international community has been under the illusion that climate action and development are different pursuits. But to make progress on both agendas, the delegates at this year’s United Nations Climate Change Conference must recognise that they are one and the same, and begin building an integrated financing system.
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Current macroeconomic frameworks rightly treat climate shocks as threats to fiscal stability, but do not recognise the economic benefits of investing in measures that mitigate their effects.
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#multilateral development bank Videos

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EB Studio From sponge cities to coastal forests, Asia is seeking ways to work with nature and prepare for the risks in a warmer-than-expected future. This Eco-Business video looks at what else cities need to do to strengthen climate resilience.
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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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