COP29 and G20 summit reactions
Multilateral development banks were given a key role at the recent UN climate conference (COP29) and the G20 summit
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Multilateral development banks were given a key role at the recent UN climate conference (COP29) and the G20 summit
Our report reveals that funding named as “climate finance” by MDBs is funding fossil fuels and failing to prioritise the most climate-vulnerable countries,
A newly proposed framework for co-financing by the World Bank and the Asian Development Bank risks diluting accountability and people’s rights to remedy.
Recourse targets development finance as a means of influencing the wider investment community, financial flows and governments, to ensure inclusive, environmentally sustainable, socially just and pro-poor development.