Tag: multilateral development banks

COP29: MDBs commit $120bn annually for climate action in developing nations by 2030

COP29: MDBs commit $120bn annually for climate action in developing nations by 2030

November 13, 2024

Leading multilateral development banks have announced their collective climate financing target…

Multilateral banks and private sector agree to boost sustainable infrastructure

Climate finance: Seven largest multilateral banks invest $61.6bn in 2019

Low and middle-income economies received around 67% of the total funding

Climate finance: Nine multilateral banks to raise $175bn annually by 2025

Climate finance: Nine multilateral banks to raise $175bn annually by 2025

September 23, 2019

The additional investment will focus on low and middle-income economies as well as on climate…