2024-11-05
http://w3.windfair.net/wind-energy/news/35204-mdbs-climate-protection-climate-change-low-middle-income-country-worldwide-money-investment-greenhouse-gas-emissions-co2-renewable-energy

Report: Multilateral Development Banks Invest More in Climate Protection

The 2019 report shows that US$ 46.6 billion, or 76 percent of total financing for the year, was devoted to climate change mitigation investments that aim to reduce harmful greenhouse gas emissions and slow down global warming.

Official Press Release EBRD:

MDBs’ climate finance in low- and middle-income countries in 2019 reaches US$ 41.5 billion

Wind Industry Profile of
MDBs’ climate finance in low- and middle-income countries in 2019 reaches US$ 41.5 billion

Climate financing by seven of the world’s largest multilateral development banks (MDBs) accounted for US$ 61.6 billion in 2019, of which US$ 41.5 billion (67 percent) was in low- and middle-income economies

Climate financing by seven of the world’s largest multilateral development banks (MDBs) accounted for US$ 61.6 billion in 2019, of which US$ 41.5 billion (67 percent) was in low- and middle-income economies, according to the 2019 Joint Report on Multilateral Development Banks’ Climate Finance. The study expands the scope of reporting for the first time to all countries of operations. It now provides data on MDB climate finance commitments beyond those directed solely at developing and... ... More: Official Press Release EBRD

Keywords:
MDBs, climate protection, climate change, low, middle, income, country, worldwide, money, investment, greenhouse gas emissions, CO2, renewable energy







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