The world’s six largest multilateral development banks (MDBs) continued to make a strong contribution to the global climate challenge in 2016, increasing their climate financing in developing countries and emerging economies last year to $27.4 billion from $25 billion in 2015.

Mobilizing adequate financing for sustainable development will be a challenge for all countries, but will be particularly difficult for Pacific Small Island Developing States where financing needs for sustainable, climate-sensitive development are estimated to be among the highest in the world when measured as a proportion of national output.

The Key Indicators presents the latest statistics on a comprehensive set of economic, financial, social, environmental, and Sustainable Development Goal (SDG) indicators for the 48 regional members of the Asian Development Bank. It is designed to serve as a resource for information on development issues across the region for a wide audience, including policy makers, development practitioners, government officials, researchers, students, and the general public.

The Asian Infrastructure Investment Bank (AIIB) announced that it will provide about $ 210m to finance a renewable energy project in Egypt, including the construction of 11 green field solar power

The India, Brazil and South Africa Facility for Poverty and Hunger Alleviation (IBSA Fund) is a remarkable example of cooperation among three developing countries, whhich pioneered the implementation of South-South cooperation initiatives for the benefit of other Southern countries in partnership with the United Nations system.

The Caribbean region’s Small Island Developing States (SIDS) face considerable threats from climate change, and considerable costs to cope with and adapt to climate impacts that exceed their financial capacity.

The Asian Development Bank (ADB), in a report launched, has proposed the creation of national green financing vehicles to catalyze environmentally and financially sustainable infrastructure investments in Asia and the Pacific.

This study estimates and analyses publicly-mobilised private finance for climate action in South Africa, between 2010 and 2015. The mobilisation effect of public climate finance on private finance is first estimated through an analysis and attribution of project-level co-finance data.

Drawing on CDKN’s experience of working with a wide range of cities, this working paper by Zoe Green, Lizzy Fitzgerald and Connie Norton of PwC identifies five levers of effective climate action in cities that climate change practitioners should be aware of, and where appropriate, build into their project approach to support more effective clima

A €91,297 (about Rwf91m) project has been launched with view to ensure that corruption does not undermine climate change mitigation efforts as well as effective and equitable allocation of climate

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