Multilateral Development Banks (MDBs) comprising of World Bank Group and others such as African Development Bank (AfDB), Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB), the European Bank for Reconstruction and Development (EBRD), the Inter-American Development Bank (IADB) outlined their joint commitment of $50 billion annually for climate finance initiatives for low income and middle-income economies by year 2025. In the year 2023, MDBs had funded $59 billion of climate finance for public recipients and $15.7 billion for private recipients in low- and middle-income economies. In 2023, the multilateral development Banks committed a total of $ 74.686 billion to low- and middle-income economies, and $ 50.283 billion to high-income economies.

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Sustainable Finance Investments by Multilateral Development Banks

  • B Rajesh Kumar

摘要

Multilateral Development Banks (MDBs) comprising of World Bank Group and others such as African Development Bank (AfDB), Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB), the European Bank for Reconstruction and Development (EBRD), the Inter-American Development Bank (IADB) outlined their joint commitment of $50 billion annually for climate finance initiatives for low income and middle-income economies by year 2025. In the year 2023, MDBs had funded $59 billion of climate finance for public recipients and $15.7 billion for private recipients in low- and middle-income economies. In 2023, the multilateral development Banks committed a total of $ 74.686 billion to low- and middle-income economies, and $ 50.283 billion to high-income economies.