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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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Shell confirms plan to acquire TotalEnergies stake in Nigeria’s Deepwater Bonga Field

Shell Nigeria Exploration and Production Company (SNEPCo), a subsidiary of Shell Plc, on Monday, June 30, 2025, confirmed plan...
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Lagos tasks residents, traders on good environmental habits

The Lagos State Government (LASG) on Monday, June 30, 2025, urged traders and residents to keep their environment clean...

NCDMB to champion ‘Nigeria First’ policy in oil and gas sector

The Nigerian Content Development and Monitoring Board (NCDMB) has pledged its full commitment to implementing the recently introduced “Nigeria...

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Shell confirms plan to acquire TotalEnergies stake in Nigeria’s Deepwater Bonga Field

Shell Nigeria Exploration and Production Company (SNEPCo), a subsidiary...

Lagos tasks residents, traders on good environmental habits

The Lagos State Government (LASG) on Monday, June 30,...
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