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Friday, June 13, 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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NNPC records N5.8bn revenue, N748bn profit in April

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced a revenue of N5.89 billion and a Profit After...
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New body aims to limit pollution’s deadly toll

Pollution is widespread – and often fatal. Dirty air alone is responsible for 6.7 million deaths globally every year, while one study suggests...

Scaling climate technologies for action

The first Climate Week of 2025, held in Panama, served as a springboard for real-world solutions that support countries’ climate actions....

Must read

NNPC records N5.8bn revenue, N748bn profit in April

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has...

New body aims to limit pollution’s deadly toll

Pollution is widespread – and often fatal. Dirty air alone is...
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