This report examines MDB spending on fossil fuels and renewable energy projects in 2020. Whilst it shows an increase in spending on renewable energy and a drop in financing for fossil fuels in the period 2018-2020 , more than $3 billion was still directed by MDBs to fossil fuel projects in 2020 alone. Download the report to read more.
Still Funding Fossils: An assessment of MDBs' energy finance since Paris and in COVID-19 recovery
Download Still Funding Fossils - final.pdf (344.28 KB)
Publication Year: 2021
Banks: ADB, AfDB, AIIB, EBRD, EIB, IADB, World Bank