The development finance engine
behind climate progress
Uncover how public development banks are shaping a more sustainable, climate-aligned world.
Enabling factors—internal and external conditions that shape the strategic direction and investment decisions of PDBs—form the context in which PDBs establish climate ambition. They influence PDBs' ability to set ambitious climate commitments by affecting the resources, opportunities, and strategic priorities facing PDBs.
See how measurements of enabling factors relate to levels of PDB climate ambition in the figure below:
Filter by enabling factor
PDBs are diverging on their levels of climate commitments.
There is a widening gap between ambitious banks that
have iteratively
strengthened commitments over
the past decade and other institutions that have
yet to establish clear objectives for climate
action.
Banks' ambition levels correlate with their operating contexts.
Divergence across PDBs on climate ambition corresponds closely to differences in the policy and investment contexts that define their operating environments, as well as each institution’s level of engagement with multi-institutional networks (e.g., the IDFC).
Enabling factors for PDB climate ambition
Click below to explore each enabling factor
KEY FINDINGS
The Role of Climate Ambition in PDB Financing
PDBs with high or substantial climate ambition originate higher annual volumes of climate finance (as a share of assets) in comparison to their less ambition peers.
While direct climate finance issuance is not an all-encompassing indicator of PDB efforts to support the Paris Agreement goals, comparison of tracked climate commitments against financial flows strongly suggests that higher-ambition PDBs are largely responding to their commitments by originating higher volumes of climate finance.
