Investment

Record climate spending for low and middle-income economies

Climate finance by multilateral development banks (MDBs) for low-income and middle-income economies hit a new high of US$60.7 billion in 2022, up 46% from 2019, a new joint report has found.

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Read more: ADB,  EIB,  African Development Bank,  Asian Development Bank,  Asian Infrastructure Investment Bank,  Climate Action Summit,  Council of Europe Development Bank,  European Bank for Reconstruction,  European Investment Bank,  Inter-American Development Bank Group,  International Monetary Fund,  Islamic Development Bank,  New Development Bank,  Warren Evans,  World Bank Group