Eco-Business

Developed nations have committed to providing billions of dollars of 'climate finance' to developing countries, as part of the global effort to tackle climate change.

The key issue at the UN climate change conference in Azerbaijan will be financing adaptation and mitigation, argues Shafqat Kakakhel.

As nations assemble at COP29 in Baku, Azerbaijan, one issue is expected to dominate the summit: climate finance.

The EU’s carbon border adjustment mechanism (CBAM) has been touted as a key policy for cutting emissions from heavy industries, such as steel and cement production.

By Gabrielle See

By Jiang Mengnan

By Hannah Alcoseba Fernandez

By Nhung Nguyen

All #multilateral development bank News →

Investing in nature is essential to addressing the intertwined crises of climate change, biodiversity loss and pollution while fostering global economic resilience. By Ambroise Fayolle

Governments in the region must fix their opaque regulatory frameworks and make use of innovative financing models, says analyst Shantanu Srivastava. By Shantanu Srivastava

Given the escalating climate crisis, multilateral lenders must urgently adopt an approach to development aid that emphasises prevention. By incorporating structural vulnerabilities into their allocation formulas, the World Bank and others can strengthen poor countries' resilience and increase fairness, efficiency, and transparency. By Abdoul Salam Bello, Patrick Guillaumont and Arnaud Buissé

Climate change is not some distant menace; its effects are already being felt worldwide, especially in climate-vulnerable developing economies. By Vera Songwe and Ishac Diwan

By Erik Berglöf

Carbon & Climate

How to salvage COP28

By Gordon Brown

By Aufar Satria and Rauf Usman

By Michael Dolan

All #multilateral development bank Opinion →

EB Studio From sponge cities to coastal forests, Asia is seeking ways to work with nature and prepare for the risks in a warmer-than-expected future. This Eco-Business video looks at what else cities need to do to strengthen climate resilience.

All #multilateral development bank Videos →

The Bangko Sentral ng Pilipinas assistant governor tells the Eco-Business Podcast about the regulator’s maiden sustainability report that features an empirical study of climate impacts on banks as well as the nation’s first taxonomy.

All #multilateral development bank Podcasts →