Using Multilateral Development Banks to Achieve Paris Climate Goals
September 2021
Citation:
51
ELR 10762
Issue
9
Despite the fact that multilateral development banks (MDBs) have been criticized for their unsustainable practices and projects, they can play a key role in tackling climate change. In order to be successful in shaping climate-friendly policies and practices, MDBs must align with the goals of the Paris Agreement. The United States can influence MDBs to align with the Agreement, and the Biden Administration has already taken strides to do so. This Article explores ways in which the Administration can further influence and assist the MDBs in reaching climate goals.
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