The lead authors of a major new analysis of climate finance for COP28 today (Monday 4 December 2023) called for all countries to commit to a substantial rise in investment to deliver the goals of the Paris Agreement. Read more
multilateral development banks
The goals of the Paris Agreement will be missed unless there is a rapid and substantial increase in investment in emerging market and developing countries, leading finance experts have warned today (Wednesday 30 November) in a new report commissioned by the COP27 and COP28 Presidencies and the United Nations High-Level Climate Champions for COP27 and COP28. Read more
Actual investment performance on key climate priorities in emerging markets and developing countries has stalled. This second report from Independent High-Level Expert Group on Climate Finance focuses on how to accelerate investment to deliver the goals of the Paris Agreement and implement a framework for action. Read more
G20 leaders recognise the pivotal role the multilateral development banks play in tackling global challenges and supporting sustainable development; now they must more clearly define and carry forward the agenda with urgency and at scale, this commentary argues. Read more
Multilateral development banks are increasingly central to global efforts to reduce poverty, improve opportunity and address climate change. This commentary examines the recent G20 panel proposal on ‘callable capital’ as part of the multilateral development bank reform agenda. Read more
Annual investments in emerging market and developing countries other than China, to cut emissions, to boost resilience and deal with the loss and damage caused by climate change impacts, and to restore nature and land, should exceed $2 trillion by 2030, according to a new report. Read more
This paper assesses the investment requirements for emerging markets and developing economies that are critical to their development and climate goals, arguing for a big-push investment programme to boost growth and meet global temperature targets. Read more
Welcoming the publication this week of the World Bank Group’s Climate Change Action Plan for 2021-25, Nicholas Stern, Chair of the Grantham... Read more
The prospects for an ambitious outcome from COP26 have hugely improved, says Pete Betts. He explains his grounds for optimism and the key things to look out for in the run-up to the conference. Read more
This paper provides a high-level and accessible overview of the most prominent methods and metrics emerging in the public and private sector to assess Paris alignment of finance flows and guide investment decisions. It aims to provide clarity for any finance actor who needs to understand and progress the Paris alignment of finance flows. Read more
