The Joint Report on Multilateral Development Banks’ Climate Finance is an annual collaborative effort to make public MDB climate finance figures, together with a clear explanation of the methodologies for tracking this finance. 

This year, the multilateral development banks (MDBs) are advancing a digitalization project aimed at improving transparency and making their joint climate finance data more accessible and user-friendly. 

This stand-alone report highlights the main figures and key details of MDB climate finance for the year, while the more detailed data, and our joint methodologies, will in future be provided through an interactive web platform. 

As in the last two years, the joint figures for 2024 presented here show that MDBs have exceeded their ambitious 2025 climate finance targets set in 2019. In 2024 they hit record $137 Billion in Climate Financing to drive sustainable development worldwide.