Climate finance committed by major multilateral development banks (MDBs) rose to a total of US$ 66 billion last year from US$ 61.6 billion in 2019, according to the 2020 Joint Report on Multilateral Development Banks’ Climate Finance. Of this, 58 per cent – or US$ 38 billion – was committed to low- and middle-income economies.

This policy paper catalogues tools and techniques used by public actors such as national development banks and green investment banks to mitigate project-level risks and attract private investment in infrastructure.

The COVID-19 crisis, which has sent economies in South Asia and around the world into a deep recession, has highlighted South Asia’s rising debt levels and sizable hidden liabilities.

In chapters 1 and 2, the report first reviews the current state of the clean-cooking market in Bangladesh, covering a variety of fuels and technologies based on the significance of market penetration in Bangladeshi households, including natural gas, LPG and Improved Cookstoves (ICSs).

In order for development finance institutions, including multilateral development banks and bilateral, regional and national development banks to “align” themselves with the Paris Agreement, they must make sure that their activities conducted through financial intermediaries are also aligned.

The Climate Change Action Plan 2021–2025 aims to advance the climate change aspects of the WBG’s Green, Resilient, and Inclusive Development (GRID) approach, which pursues poverty eradication and shared prosperity with a sustainability lens.

This paper provides an evaluation of the social and economic impacts of the COVID-19 pandemic on least developed countries (LDCs) in Asia and the Pacific. Drawing on analysis and estimates from various regional and national sources, this paper finds that these impacts are large relative to the number of COVID-19 cases for several reasons.

Global flows of foreign direct investment have been severely hit by the COVID-19 pandemic. In 2020, they fell by one third to $1 trillion, well below the low point reached after the global financial crisis a decade ago.

Following the recent establishment of a Joint NGFS-INSPIRE Study Group on Biodiversity and Financial Stability by the Network for Greening the Financial System (NGFS) and INSPIRE, this vision paper sets out the rationale for the Study Group’s work, its initial agenda and its research focus.

Even before the COVID-19 pandemic, Ghana had taken proactive measures to solidify its commitments to achieving the Sustainable Development Goals (SDGs), including financing the SDGs as a long-standing priority.