The African Development Bank and other multilateral development institutions have released a set of principles to ensure climate financing aligns with the goals of the Paris Agreement.The MDBs are collaborating to help accelerate the successful transition to a low-carbon and climate-resilient future by supporting appropriate long-term development pathways in line with the goals of the Paris Agreement. In addition to the African Development Bank, the MDBs involved are the Asian Development Bank, Asian Infrastructure Investment Bank, Council of Europe Development Bank, European Bank for Reconstruction and Development, European Investment Bank, Inter-American Development Bank Group, Islamic Development Bank, New Development Bank, and the World Bank Group.Read more
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