What Is a Multilateral Development Bank (MDB)? In the aftermath of the devastation of World War II, a new type of financial institution emerged, designed to rebuild shattered economies and foster ...

RIO DE JANEIRO, November 19, 2024 — The Heads of 10 multilateral development banks (MDBs) welcomed today the endorsement by G20 Leaders of the G20 Roadmap towards Better, Bigger, and More Effective ...

Climate finance committed by major multilateral development banks (MDBs) rose to a total of $66 billion last year from $61.6 billion in 2019, according to the 2020 Joint Report on Multilateral ...

BELEM, Brazil (Reuters) -The World Bank and other multilateral development banks (MDBs) are under pressure to offer more help to poor countries being hammered by energy challenges and climate ...

BAKU, 12 November 2024 – Multilateral development banks (MDBs) today issued a joint statement at COP29 in Baku outlining financial support and other measures for countries to achieve ambitious climate ...

The African Development Bank Group (www.AfDB.org) has joined the World Trade Organisation and other multilateral development banks to reduce trade finance gaps that emerge as a result of the COVID-19 ...