Multilateral Development banks
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24 Apr 23The United Nations has set out a roadmap for ensuring developing countries have access to the finance they need to deal with the impacts of climate change and make progress on their development.
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21 Apr 23Reforms aimed at creating a more inclusive, networked and accountable governance system will leave nations better positioned to address current and future challenges, a United Nations body has said.
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24 Mar 23Senior figures in Germany and the United States have urged the World Bank to adopt a “strong set of initial evolution reforms” aimed at driving climate finance.
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7 Aug 20The world’s largest multilateral development banks committed $61.6bn of climate finance in 2019, a joint report has shown.
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1 Feb 19The World Bank has blocked the subsidiary of a multinational corporation at the centre of a web of corruption across Latin America from participating in its projects.
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31 Jan 19Multilateral banks need a “dramatic” overhaul of strategies to achieve global goals by 2030, warns the head of the Islamic Development Bank.
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13 Jun 18Climate financing by the world’s biggest multilateral development banks has hit a seven-year high of $35.2bn in 2017.