2015 Joint Report On Multilateral Development Banks' Climate Finance

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Aug 2016
This fifth edition of the Joint Multilateral Development Banks' Report on Climate Finance reports on financing committed by the African Development Bank (AfDB), the Asian Development Bank (ADB), the European Bank forReconstruction and Development (EBRD), the European Investment Bank (EIB), the Inter-American Development Bank Group (IDBG), and the World Bank Group (WBG), to climate change mitigation and adaptation projects and
activities in 2015. This year's report was coordinated by ADB.
The data and statistics presented in this year's report comply with the methodologies developed by the MDBs and applied uniformly to the MDBs' portfolios. In this report, the term "MDB climate finance" refers to the financial resources committed by MDBs to development operations and components thereof, which deliver climate change mitigation
and adaptation co-benefits in developing and emerging economies.
Collectively, the MDBs committed USD 25,096 million in climate finance in 2015 -USD 20,072 million for mitigation finance and USD 5,024 million for adaptation finance. Since 2011, the MDBs have financed more than USD 131 billion in climate action in developing and emerging economies. The net total climate co-finance committed in 2015 alongside MDB resources was USD 55,749 million. When combined with the MDB climate finance, the total climate finance is USD 80,845 million, as shown in the figure below. This is the first edition of the Joint MDBs' Report on Climate Finance to
include climate co-finance.