Environment

The Multilateral Development Banks and the Climate Change Agenda

These include (a) providing the MDBs’ shareholders and stakeholders with a summary and overview of the ongoing and planned work of the MDBs on climate change, (b) helping to strengthen the cooperation between the MDBs on these issues, and (c) furthering the process of reaching common understandings on key methodologies such as calculation of carbon footprints, climate risk assessment tools, and the development of measurable indicators of progress by the MDBs in implementing their climate change agenda.