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Tag:Multilateral Development Banks (MDBs)

Multilateral development banks hit record $137bn in climate finance in 2024 – Report

Multilateral development banks (MDBs) delivered a record $137 billion in global climate finance in 2024 - a 10% increase that underscores the growing scale...

Climate finance by multilateral development banks hits record $125bn in 2023

Multilateral development banks (MDBs), including the African Development Bank (AfDB), say their collective financing for climate action hit a record high of $125 billion...

Multilateral development banks to develop approach for measuring climate results

The African Development Bank (AfDB) and other Multilateral Development Banks (MDBs) have agreed to develop a common approach for measuring and reporting climate results. The...

Spring Meetings: World Bank, others urged to shift from fossil fuels to renewables

The Big Shift Global campaign, a group of 50 organisations across the Global South and North, are calling on the Multilateral Development Banks, the World Bank...

MDBs deliver record $60bn climate finance for low and middle-income economies in 2022

Climate finance by Multilateral Development Banks (MDBs) for low-income and middle-income economies reached a new record of $60.7 billion in 2022, up 46 percent...

World Bank, IMF meetings: 10 MDBs commit to boost climate action

As the World Bank and IMF annual meetings ended in Marrakech, Morocco, on Sunday, October 14, 2023, no fewer than 10 Multilateral Development Banks...

AfDB joins MDBs to publish principles for assessment of Paris Agreement alignment

The African Development Bank (AfDB) and other multilateral development institutions have released a set of principles to ensure climate financing aligns with the goals...

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SAIPEC 2026: Renaissance reinforces commitment to energy security, industrialisation

Renaissance Africa Energy has reaffirmed its strategic commitment to delivering energy security, driving industrialisation, and strengthening African capability across...
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NiMet forecast: Experts urge farmers to adopt irrigated farming

Some agriculture experts have urged local farmers to adopt irrigation farming due to the inconsistent rainfall patterns. The experts made...

Eyesan urges global investors to seize opportunities in 2025 Licensing Round

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has urged global investors to capitalise on opportunities in Nigeria’s 2025 licensing...

Must read

SAIPEC 2026: Renaissance reinforces commitment to energy security, industrialisation

Renaissance Africa Energy has reaffirmed its strategic commitment to...

NiMet forecast: Experts urge farmers to adopt irrigated farming

Some agriculture experts have urged local farmers to adopt...
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