G20 leaders recognise the pivotal role the multilateral development banks (MDBs) play in tackling global challenges and supporting sustainable development. Now they must more clearly define and carry ...

Multilateral development banks (MDBs) today issued a joint statement at COP29 in Baku outlining financial support and other measures for countries to achieve ambitious climate outcomes. MDBs estimate ...

Multilateral development banks (MDBs) delivered a record $137 billion in climate finance in 2024, up 10 percent from 2023, with the majority directed to developing nations, according to a joint report ...

ODI, a global affairs think tank, pegged the cumulative paid-in capital across MDBs at $79 billion, with accumulated reserves of $127 billion. One of the significant outcomes of the New Delhi Leaders’ ...

BAKU, Azerbaijan, November 11. Multilateral Development Banks (MDBs) have reaffirmed at COP30 their commitment to addressing clients’ priorities by improving livelihoods, creating jobs, and ...

LOW- and middle-income countries like the Philippines can access at least $120 billion worth of climate financing from multilateral development banks (MDBs) by 2030. In a joint statement, MDBs like ...

Sir, You rightly refer to the urgency to act on climate change and to the important role of multilateral development banks (MDBs) in mobilising finance to help countries address the threats posed by ...

Former Indian civil servant and economist N.K Singh is the co-convener of the expert group on strengthening MDBs.(HT) Multilateral development banks (MDBs) will need to increase their annual spending ...

A new report from the six large multilateral development banks (MDBs) breaks down their combined climate finance commitments in 2014, looking at mitigation, adaptation and regional investments. Over ...