At Copenhagen in 2009, developed country Parties to the United Nations Framework Convention on Climate Change (UNFCCC) committed to a goal of mobilizing jointly $100 billion a year by 2020 from public and private sources to support climate action in developing countries.

International efforts to tackle climate change are at a critical juncture. At the end of 2015 governments will gather at the Paris climate summit to frame a new international agreement aimed at preventing ‘dangerous climate change’. Achieving that goal requires a high level of ambition backed by practical policy commitments.

This is the third annual joint report on Climate Finance in developing and emerging countries by a group of Multilateral Development Banks (MDBs) comprising the AfDB, ADB, EBRD, EIB, IDB and WBG - IFC & WB. The international community recognises the need to join forces to avert dangerous climate change.

This report identifies entry points for mainstreaming ecosystem services in Multilateral Development Banks

The electricity sector lies at the nexus of two urgent global imperatives: powering economic activities and livelihoods and reducing greenhouse gas (GHG) emissions from the use of fossil fuels. The international community is looking to multilateral development banks (MDBs) to help developing countries balance these sometimes conflicting imperatives.