Sentences with phrase «many multilateral development banks»

Scott Morris, a former U.S. Treasury official who led U.S. engagement with the multilateral development banks during the first Obama administration, said Washington was paying the price for delay on IMF reform.

To illustrate, look at the multilateral development banks: Beijing has not only joined but supports with financial muscle all of the prevailing development institutions, both globally and in Asia.

«It's a clear sentiment among a pretty diverse group of countries: We would like to mobilize more capital for infrastructure through MDBs (multilateral development banks),» said Morris, now with the Washington - based Center for Global Development.

Laurel will discuss how the new multilateral development bank aims to create a better tomorrow for billions of people by investing in sustainable infrastructure in Asia and beyond.

«Our work at the outset was primarily with multilateral development banks, and we're increasingly seeing more activity through European corporate issuance and American municipalities,» says Navindu Katugampola, Executive Director in the Sovereign, Supranational & Agency Group.

AIIB stands for China's proposed Asian Infrastructure Investment Bank, a multilateral development bank that will...

A new report shows how multilateral development banks, including the World Bank, gave over $ 9 billion in funding for fossil fuel projects in 2016, nearly all of it following the Paris Agreement being reached and despite claims that they were acting on climate and adjusting their investment strategies.

It builds upon a selection of relevant and practical papers and presentations given at the 2nd International Conference on Evaluating Climate Change and Development held in Washington DC in 2014 and includes perspectives from independent evaluations of the major international organisations supporting climate action in developing countries, such as the Global Environment Facility.The first section of the book sets the stage and provides an overview of independent evaluations, carried out by multilateral development banks and development organisations.

Abidjan, Côte d'Ivoire About Blog The African Development Bank is a regional multilateral development bank, engaged in promoting the economic development and social progress of its Regional.

We call on the multilateral development banks and other development agencies to support countries in this endeavor.

We note the significant progress made by the multilateral development banks on the Clean Energy Investment Framework (CEIF) agreed at Gleneagles and welcome their joint level of ambition to mobilize public and private investments of over US$ 100 billion up to 2010 from within existing resources.

Alignment should not be pursued with the Common Principles for Climate Mitigation Finance Tracking, adopted by multilateral development banks and the International Development Finance Club.

On March 31 in Paris, multilateral development banks and the International Development Finance Club — among the world's chief financiers of public and private sector initiatives — gave themselves a pat on the back for agreeing to «climate change mitigation finance tracking principles for development finance».

Other signatories to the new Common Principles include the Asian Development Bank, which is the first multilateral development bank accredited as an implementing entity of the GCF, and Germany's KfW Bankengruppe, also just accredited.

Forest Trends is a Washington D.C. - based international non-profit organization that was created in 1999 by leaders from conservation organizations, forest products firms, research groups, multilateral development banks, private investment funds and philanthropic foundations.

Two of the biggest battles are about who gets to disburse climate finance (national entities vs. private banks, multilateral development banks, and large intergovernmental agencies like the FAO) and under what terms (grants vs. loans).

If this same provision were applied across all multilateral development banks and G20 public finance institutions, it would result in tens of billions of dollars per year in concessional finance moving out of oil and gas.

Notably, of the fossil fuel - based projects across the four multilateral development bank energy portfolios, only one percent (by dollar amount) included provisions aimed at increasing access for the poor.

At maturity, investments in the initiative are expected to hit around $ 4 trillion, stemming from private sources, dedicated funds, and multilateral development banks.

On average, public finance institutions controlled by G20 governments, along with multilateral development banks such as the World Bank Group, provide $ 71.8 billion per year in public finance for fossil fuels, and only $ 18.7 billion in public finance for clean energy (figure taken from from the report Talk is Cheap: How G20 Governments are Financing Climate Disaster, July 2017, available here).

Analysis shows that multilateral development banks (MDBs) and the Pilot Program for Climate Resilience, a funding window of the Climate Investment Funds, are at the forefront.

This document is divided into five sections, namely: (i) a description of landfills in Latin America and the Caribbean and environmental aspects related to its construction and operation, (ii) a description of the generation of biogas from landfills (iii) a summary of existing technologies for the construction of biogas plants and their economic implications, (iv) a review of the practices of other multilateral development banks and countries regarding financing of landfills and biogas plants, and (v) the proposed approach IDB to finance biogas plants.

This analytical report explains how the Climate Investment Funds (CIF) relates to poor women's and men's livelihoods, presents the status to date of gender and the CIF, and recommends actions for the CIF Trust Fund Committees and Subcommittees, multilateral development banks and civil society organizations to ensuring that the CIF responds to the needs of poor women and men equitably.

The US is aware of this potential, and has instructed its delegates at multilateral development banks (MDBs) to promote access to and cleaner, more efficient fossil fuel usage in the world in a bid to reverse World Bank restrictions.

The international community, in particular multilateral development banks like ADB, can play a greater role in ensuring that their support to developing countries not only includes general capacity development, but also focuses on identifying and addressing legal barriers to climate finance.

UN development head Helen Clark and World Bank president Jim Kim offered their support to the group, which said it wanted to collaborate with the UN and multilateral development banks to explore funding options.

Financing from the CIF is channeled through the Bank and other multilateral development banks, with approximately 25 percent of its financing allocated to the private sector to stimulate markets, increase investment potential, and enable financial gain in climate - friendly enterprises and businesses.

Both briefings are part of the Big Shift Campaign, a global effort composed of dozens of civil society organizations encouraging government - backed multilateral development banks to reinforce the aims of the Paris Agreement and commit to a shift from fossil fuel finance to clean energy finance.

On the eve of the 2017 Annual Meetings of the World Bank Group and International Monetary Fund, Oil Change International and E3G have launched briefings showing that while some multilateral development banks are making good progress on climate action, many are still financing billions of dollars in fossil fuel projects despite mounting climate impacts and global commitments like the Paris Agreement reached in December 2015.

In order to allow the GCF to take on board lessons learned from the CIFs experience, the letter sent today called for a fully independent review of the track record of the CIFs — one not conducted by any entity associated with the World Bank or other multilateral development banks.

Finance provided and catalyzed by multilateral development banks (MDBs) will help pay for implementation of the UN Sustainable Development Goals and the Paris Climate Agreement in many developing countries.

The multilateral development banks» $ 7 billion in fossil fuel finance in 2015 is part of over $ 83 billion in support for fossil fuel projects they provided between 2008 and 2015, according to the new analysis by Oil Change International.

The multilateral development banks are supposed to be eliminating poverty, but instead they're exacerbating it by driving climate change through big spending on fossil fuel infrastructure.»

At ClimateWorks, Segafredo leads a number of research projects in collaboration with several partner organizations, ranging from scientific groups to multilateral development banks.

The six major multilateral development banks (MDBs) studied — the World Bank Group, the European Investment Bank, the European Bank for Reconstruction and Development, the Asian Development Bank, the African Development Bank, and the Inter-American Development Bank — continue to provide substantial support for fossil fuels, despite strongly - worded promises to fight climate change.

ECAs provide significantly more support to fossil fuels and substantially less support to renewables than either major development finance institutions or multilateral development banks.

Sohn, J., S. Nakhouda, and K. Baumert, 2005: Mainstreaming climate change at the multilateral development banks.

Many multilateral development banks (MDBs) and a few governments have already taken steps to implement similar policies.

More specifically it focuses on the efforts the WBG is making to work in partnership with the private sector to leverage its resources, since the WBG, despite being one of the largest multilateral development bank lenders for energy, can meet only a small part of the investment needed.

This behaviour did not improve after the Paris agreement either, as multilateral development banks (MDB) approved over $ 5 billion in fossil fuel finance in 2016.

In October, 1987, Schwartzman met with the governor of the Amazonian state of Acre, Brazil, to discuss the work of Environmental Defense Fund with the multilateral development banks and Schwartzman's research on the rubber tappers» sustainable alternative proposal.

The major multilateral development banks financed almost $ 4.5 billion in projects that include exploration activities between 2008 and 2013, with the International Finance Corporation alone supporting $ 2.3 billion.

On top of this, multilateral development banks such as the World Bank provided $ 8.7 billion annually in fossil fuel finance over this same period.

Mr Feldberg has also worked for multilateral development banks such as the EBRD, advising on their internal investigations and governance processes.

Jeffrey Rector is a partner at Sheppard Mullin specializing in sustainability focused project finance for domestic and international transactions involving clean energy, water, and other infrastructure projects and in advising export credit agencies and multilateral development banks on project finance transactions.

counselling a global engineering consultancy on its response to a multilateral development bank's investigation into allegedly fraudulent billing practices.

Benjamin has also successfully defended numerous clients in multilateral development bank (MDB) sanctions proceedings such as where corruption, fraud or other misconduct in MDB - financed projects is suspected.

Jan has experience designing and auditing compliance programs, performing internal investigations and due diligence reviews on third - party agents and joint - venture partners around the world, including in connection with the U.S. Department of Justice (DoJ), the U.S. Securities & Exchange Commission (SEC), the U.K. Serious Fraud Office (SFO), and multilateral development bank inquiries.

We have market - leading experience of commercial bank and bond market financings and complex multi-source financings with export credit agencies (ECAs), international financial institutions and multilateral development banks.

Abidjan, Côte d'Ivoire About Blog The African Development Bank is a regional multilateral development bank, engaged in promoting the economic development and social progress of its Regional.