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

Aligning Investments with the Temperature Goal of the Paris Agreement

This working paper assesses how Multilateral Development Banks can support the global temperature goal of the Paris Agreement. It illustrates how the banks could strengthen existing tools to align their portfolios and activities with the globally agreed mitigation goal. Other finance institutions can also profit from many of the approaches included in the paper. Read More