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Reforming climate finance: unlocking funds from multilateral development banks
This briefing by Zero Carbon Analytics examines the role of multilateral development banks (MDBs) in climate finance, arguing that reforms to their capital adequacy frameworks and the use of under-utilised financial tools could unlock hundreds of billions of dollars in additional funding. It highlights the importance of MDBs in meeting the New Collective Quantified Goal (NCQG) while noting that their current contributions remain a small fraction of the total funding required for global climate action by 2030.
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Document type: Briefing
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