The Paris Agreement on Climate Change and the United Nations’ new Sustainable Development Goals have emphasised the importance of making finance available for climate change development projects in low- and middle-income countries. Annual commitments by development finance institutions have grown from $10 billion in 2004 to $70 billion a decade later, and their links with the private sector have brought in further financing.
The report provides a guide to development finance institutions for policymakers while noting the changes DFIs may need to make to meet international development and climate change targets.
Source: Association of European Development Finance Institutions
