The International Development Finance Club (IDFC) is the leading group of 26 national and regional development banks from all over the world, the majority of which are active in emerging markets. During the United Nations Climate Action Summit 2019, IDFC resolved to mobilize significant volumes of financing for meeting climate and development goals.
Robust and consistent tracking of green finance flows will be essential for IDFC members to evaluate progress in achieving their green finance ambitions. IDFC has conducted regular mapping of its member institutions’ green finance commitments since 2011, to increase transparency and accessibility as outlined by the 2017 One Planet Summit joint resolution with Multilateral Development Banks (MDBs).
The results of the 2019 mapping exercise are presented in this summary report concerning financial commitments made during 2018. To read the full report, refer to the IDFC website.