This report ranks the policies of the major MDBs against the Big Shift aims of shifting all finance out of fossil fuels and into sustainable renewable energy for energy access. Whilst some Banks are doing better than others, and some have the potential to be real leaders, all the MDBs need to be taking much bigger action to achieve their goals of stopping climate change and ending poverty.
Small steps are not enough: Multilateral Development Banks need to make a step change on climate action and clean energy access
Download Small Steps are not Enough.pdf (401.53 KB)
Publication Year: 2019
Banks: ADB, AfDB, AIIB, EBRD, EIB, IADB, World Bank