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Monday, September 1, 2025

Tag:Multilateral Development Banks (MDBs)

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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Experts urge Nigerians to track climate spending to curb vulnerability

Experts have urged Nigerians to actively track government spending on climate projects, warning that poor awareness worsens the nation’s...
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Morocco tests floating solar panels to curb dam water loss amid severe drought

Morocco is testing floating solar panels on the Tangier Med dam in an effort to curb evaporation and generate...

Sidi Ould Tah takes office as AfDB President

On Monday, September 1, 2025, Sidi Ould Tah will officially take office as President of the African Development Bank...

Must read

Experts urge Nigerians to track climate spending to curb vulnerability

Experts have urged Nigerians to actively track government spending...

Morocco tests floating solar panels to curb dam water loss amid severe drought

Morocco is testing floating solar panels on the Tangier...
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