Resource information
This joint report on MDB Climate Finance
captures a particular context of activities that
Multilateral Development Banks (MDBs) carry out in
developing and emerging economies. The context is built on
the premise that development finance is being provided in a
world shaped by climate change. This is the fourth edition
of the Joint Report on MDB Climate Finance. The report
covers financing for climate change mitigation and
adaptation projects and activities, in developing and
emerging economies, committed by this group of MDBs in 2014.
The report contains the following new information, not
presented in previous years: overview of MDB climate finance
from 2011 to 2014; information about the financial
instruments used by MDBs for climate finance; and additional
thematic regional coverage, including small island states
and least developed countries. This report has two main
sections. Section 1 contains total MDB climate finance
numbers for 2014, broken down by adaptation and mitigation
and by sector and geographic region, as well as MDB climate
finance since 2011. Section 2 provides explanations on the
MDB joint approach: definitions, geographical coverage, and
sectoral breakdown. It also contains a guidance section and
provides case studies to illustrate the MDB adaptation and
mitigation finance tracking approach. Annexes A to C provide
additional information and numbers on A) Finance with dual,
adaptation and mitigation, benefits; B) Financial
instruments used by MDBs for climate finance; and C) MDB
mitigation finance outside of the Joint Methodology. This
report does not cover public or private capital mobilized by
MDB climate finance. A parallel group is working on the
development of a harmonized methodology to be used toward
that end.
