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Common Approach to Measuring Climate Results

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Common Approach to Measuring Climate Results

Year Published

2022

Contributing Organizations

IDB Invest
Council of Europe Development Bank (CEB)
European Investment Bank (EIB)
Islamic Development Bank (IsDB)
New Development Bank (NDB)
African Development Bank (AfDB)
Asian Infrastructure Investment Bank (AIIB)
European Bank for Reconstruction and Development (EBRD)
Inter-American Development Bank (IDB)
World Bank Group (WBG)

Type of Resource

Framework

Languages

English

Relevant Topics

Core Topic
Disclosure Standards
Topic 2
Climate Reporting
Topic 3
Transition Finance

Target Audience

MDBs/DFIs
Governments & Policymakers
Asset Managers

Relevant Geography

Global
Common Approach to Measuring Climate Results

Resource Summary

This note presents a common voluntary structure for measuring climate results, a framework to define, measure, and link global progress on climate mitigation and adaptation with Multilateral Development Bank (MDB) results. It aims to provide stakeholders with a clearer view of the climate results of the MDBs related to the goals of the Paris Agreement. The MDB Common Approach is aligned with the World Bank’s New Corporate Score Card. It consists of three levels: i) global and country context; ii) results from operations; and iii) institutional efforts.

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