Dossier
multilateral development bank
Coverage of multilateral development bank in the Nexus archive.
- Q&A: How will the World Bank’s abandoned finance goal affect climate action?
The World Bank has abandoned a 45% climate finance target for funding to developing countries under pressure from the Trump administration, but retained its climate action plan. The bank remains the largest global provider of climate finance, distributing $39.2bn in 2025, with significant investments in clean energy and emerging economies like India and Nigeria.