Humanity is at a crossroads - a moment of great risk and great opportunity. One path leads to attractive growth and development; the other to great difficulties and destruction.

Communities in sub-Saharan Africa (SSA) are predicted to experience some of the most intense impacts from climate change that will severely impact lives and livelihoods, economic growth, and human and environmental health.

Various public development banks provide unearmarked loans to countries in exchange for policy and institutional reforms through what are known as “policy-based operations”.

Climate finance committed by major multilateral development banks (MDBs) rose by more than 24% last year compared to 2020, according to this 2021 Joint Report on Multilateral Development Banks’ Climate Finance.

The Common Principles for Climate Mitigation Finance Tracking consist of a set of definitions and guidelines and a list of eligible activities that allow for consistent accounting and reporting of financial flows for climate change mitigation finance.

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.

The purpose of this report is to provide development practitioners and government officials with an understanding of the context and key design features of climate budget tagging initiatives. It is based on a review of 18 climate budgeting tagging methodologies as well as key informant interviews with practitioners during 2020.

According to the report 'Capital Flows Underpinning India's Energy Transformation' released by Institute for Energy Economics and Financial Analysis (IEEFA), India needs an Investment of USD 500 Billion to reach its target of 450 Gigawatts (GW) of Renewable Energy (RE) by 2030.

The first joint report on the Multilateral Development Banks contributions to the SDGs​. The start of a “Decade of Action” to accelerate progress on the Sustainable Development Goals (SDGs) has coincided with the COVID‑19 pandemic, raising deep questions about prospects for achieving this ambitious agenda.

This discussion paper provides six separate memos on the building blocks of Paris alignment introduced by the Multilateral Development Banks. The memos provide suggestions on how to design different tools for a robust framework for Paris alignment.