Home Global MDB Climate Finance Hit Record High of US$35.2 billion in 2017

MDB Climate Finance Hit Record High of US$35.2 billion in 2017

Together, development banks are playing a crucial role in accelerating climate action and delivering on the Paris Agreement.

Climate financing by the world’s six largest multilateral development banks rose to a seven-year high of $35.2 billion in 2017, up 28% from the previous year. Download the latest MDB joint report to learn more:

MDB Climate Finance Hit Record High of US$35.2 billion in 2017

An increase of nearly 30 per cent on the previous year, boosting projects that help developing countries cut emissions and address climate risks.