The Good, the Bad and the Urgent: MDB Climate Finance in 2021
Multilateral development banks (MDBs) are a major source of public climate finance, and the funding that helps reduce greenhouse gas emissions and adapt to the impacts of climate change. MDBs usually publish a Joint Report on Climate Finance sometime between June and August to provide details of the prior year’s funding but were delayed this year.
This year’s report, released in mid-October, is somehow longer and messier than usual, yet lacks critical data compared to previous years – up to not even including numbers on each MDB’s overall financing.
As we’ve done in past years (see 2016, 2017, 2018, 2019 and 2020 editions), we analyzed MDBs’ 2021 Joint Report on Climate Finance to show key takeaways behind the headlines. The restructured approach and missing data made this considerably more difficult. Here’s a look at the good, the bad and the urgent findings.
Source : wri
