The financial sector has a critical role to play in enabling global deep decarbonisation

To limit global warming to well under two degrees, the global economy needs to undergo system-wide changes. Finance has a critical role to play. Current inaction continues to lead to inefficient capital allocation, undermining efforts towards decarbonisation and financial stability. Read More

Unpacking the finance sector’s climate related investment commitments

This report provides insights into the magnitude and ambition of financial institution’s climate-related investment targets, and investigates their relationship with GHG emissions in the real economy. Read More

Four Ways Development Banks Can Support the Paris Agreement

Multilateral development banks (MDBs) can play a critical role in limiting climate change and helping communities adapt to its impacts. Since 2011, they have provided nearly $200 billion in finance for climate change mitigation and adaptation (so-called “climate finance”). The World Bank Group’s recent announcement that it will increase its climate-related investments means this number is likely to grow. Read More

Toward Paris Alignment: How the Multilateral Development Banks Can Better Support the Paris Agreement

This report describes a new Paradigm for Multilateral Development Banks to contribute to the fight against climate change, and provides recommendations on how the MDBs can transition from the current Climate Finance Paradigm to the new Paris Alignment Paradigm. Read More