2022 Joint Report on Multilateral Development Banks’ Climate Finance

The “Joint Report on Multilateral Development Banks Climate Finance” is an annual collaborative effort to publish Multilateral Development Banks (MDBs) climate finance figures, together with a clear explanation of the methodologies for tracking the progress in relation to their climate finance targets, such as those announced at COP21 and the greater ambition pledged for the post-2020 period.

The term “MDB climate finance” refers to the financial resources (from own accounts and MDB-managed external resources) committed by the MDBs to operations, and components thereof, directed to activities that mitigate climate change and/or support adaptation to climate change. The MDB climate finance commitments are presented in this report in two main groups: i) low-income and middle-income economies, and ii) high-income economies.

The report includes data provided by ten MDBs, including the Inter-American Development Bank (IDB) together with African Development Bank (AfDB); Asian Development Bank (ADB); Asian Infrastructure Investment Bank (AIIB); Council of Europe Development Bank (CEB); European Bank for Reconstruction and Development (EBRD); European Investment Bank (EIB); Islamic Development Bank (IsDB); New Development Bank (NDB); and World Bank Group (WBG).