CDB Climate Action Impact in 2024 & Projections for 2025
CDB Climate Action Investments in 2024
CDB committed $101.5 million to climate change initiatives in Borrowing Member Countries
Financing by Sector
Agriculture $19.9 million
Climate Change
Coastal $27.3 million
million
Disaster Prevention and Preparedness $0.8 million
33.5% of CDB’s resources allocated for the year
61.8% increase over $62.7 million in 2023 = =
Education
$2.4 million
Energy $20.8 million
Infrastructure $15.7 million
Multi-Sector $0.3 million
Private Sector $0.8 million
Water $6 2 million
2024 Operational Milestones
Increase in Green Climate Fund (GCF) project financing capacity to $250 million from $50 million.
CDB Climate Change Project Preparation Fund to help countries design high-impact adaptation and mitigation projects.
Greater capacity to deliver large-scale climate resilience programmes.
Addressing project preparation bottlenecks to increase climate finance flows.
CDB Climate Action Impact in 2024 & Projections for 2025