There is global recognition that more needs to be done to deliver climate finance at the right pace and scale and on the terms appropriate for catalyzing global green and just transitions to sustainable development. Public development banks must play a new leading role in financing these transitions. While it is clear public development banks have the capacity, it is not clear that they are doing enough.
The fact-finding study looks at ten MDBs located in four different regions (see Table 1). Researchers circulated a Survey to the ten MDBs. To facilitate data verification and triangulation, the researchers also conducted a review of MDB Reports from 2017 to 2021 and a review of select NDB Reports from 2019 to 2021. The reviews of the MDB and NDB reports were checked against the responses given in the MDB Surveys.