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Enhancing MDB-NDB Cooperation: Understanding Climate Finance Flows and Paris Alignment
This report by the Climate Policy Initiative (CPI) and E3G analyzes climate finance flows and Paris Agreement alignment between multilateral development banks (MDBs) and national development banks (NDBs) in emerging and developing economies (EMDEs). It identifies limited current cooperation, operational frictions in on-lending, and divergent approaches to climate strategies, providing recommendations to scale collaboration through improved governance, clarified mandates, and shared institutional capacity.
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Document type: Report
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