Multilateral banks mobilised $81bn climate financing in 2015

Six of the world’s largest multilateral development banks (MDBs) mobilised $81 billion (£61.37bn) to tackle climate change last year. That included $25 billion (£18.94bn) of direct climate finance combined with a further $56 billion (£42.45bn) from other investors. Their report shows MDBs delivered more than $20 billion (£15.15bn) on mitigation, i.e. cutting emissions and introducing renewables and $5 […]