Multilateral Development Banks’ Paris Alignment Methodologies
The Multilateral Development Banks (MDBs) play a substantial role in the global transition to low-carbon, climate-resilient economies and societies. This paper examines how the MDBs aim to put Paris alignment into practice. The analysis highlights both shortcomings and best practice in the joint MDB methodological principles, and the specific Paris-alignment methodologies of the World Bank, EBRD, IDB, and AIIB. It does this with a particular view to providing constructive input for upcoming reviews and revisions of those methodologies.