Search Climate Insights Directory

This report by the Climate Policy Initiative (CPI) analyzes the climate commitments of the 70 largest public financial institutions, representing USD 20.4 trillion in assets. It finds a significant gap in ambition, particularly among national and subnational development banks and institutions in non-OECD countries, where Paris-aligned and net-zero targets are rare. The report highlights a lack of specificity in climate finance goals, a deficiency in adaptation-focused commitments, and a general slow adoption of institutional climate strategies. CPI identifies insufficient accountability and a lack of government and global coalition guidance as primary barriers and provides recommendations to strengthen the integrity of public finance in the energy transition.