2 0 2 2JOINT REPORT ON MULTILATERAL DEVELOPMENT BANKS’C L I M A T EF I N A N C E2022 JOINT REPORT ON MULTILATERAL DEVELOPMENT BANKS’ CLIMATE FINANCE© European Investment Bank, 2023All rights reserved.All questions on rights and licensing should be addressed to publications@eib.orgFor further information on the EIB’s activities, please consult our website, www.eib.org. You can also contact our info Desk, info@eib.org.Published by the European Investment Bank.Disclaimer:To accommodate scheduling limitations, the content of this publication has not been subject to standard EIB proofreading.OCTOBER 2023This report was written by a group of multilateral development banks (MDBs), composed of the African Development Bank (AfDB), the Asian Development Bank (ADB), the Asian Infrastructure Investment Bank (AIIB), the Council of Europe Development Bank (CEB), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Inter-American Development Bank Group (IDBG), the Islamic Development Bank (IsDB), the New Development Bank (NDB) and the World Bank Group (WBG). The findings, interpretations and conclusions expressed in this work do not necessarily reflect the official views of the multilateral development banks’ boards of executive directors or the governments they represent.JOINT REPORT ON MULTILATERAL DEVELOPMENT BANKS’C L I M A T EF I N A N C E2 0 2 2iv Abbreviations and acronymsv Prefaceviii Executive summary1 1. OVERVIEW OF MDB METHODOLOGIES FOR TRACKING CLIMATE FINANCE1 1.1. Finance for adaptation to climate change2 1.2. Finance for mitigation of climate change4 1.3. Methodology for climate co-finance7 2. MDB CLIMATE FINANCE IN LOW- AND MIDDLE-INCOME ECONOMIES, 20227 2.1. To...
