Search For "multilateral development banks"
Nirmala Sitharaman seeks enhanced support from international financial ins
Updated : 1 year, 7 months ago IST
"FM @nsitharaman especially focused on enhanced support from international financial institutions, especially through increased lending capacity of Multilateral Development Banks (MDBs) as vital to achieving Sustainable Development Goals." the ministry said in the post.
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Nirmala Sitharaman highlights Global South's contributions to foundations
Updated : 1 year, 7 months ago IST
Sitharaman urged the World Bank to promote a two-way exchange of innovations, drawing from the transformative experiences of the Global South in areas like digital inclusion and sustainable energy.
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FM Sitharaman meets G20 expert group member Prof Stern on strengthening mu
Updated : 1 year, 7 months ago IST
Union Finance and Corporate Affairs Minister Nirmala Sitharaman, in a key meeting in New Delhi held discussion with Prof. Nick Stern, a member of the G20 Independent Expert Group on strengthening Multilateral Development Banks (MDBs).
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COP28: Multilateral development banks publish first common principles for
Updated : 2 years, 5 months ago IST
The common principles aim to increase nature-positive finance by mainstreaming nature in MDB operations and investments in a systematic manner.
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Multilateral Development Banks unlock over $180 billion worth of climate f
Updated : 2 years, 5 months ago IST
Multilateral Development Banks (MDBs) joined together at the COP28 climate summit in Dubai to commit to ambitious climate action and unlock over US$180 billion in climate finance.
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MDBs unite for urgent climate action: Unprecedented commitments at COP28 t
Updated : 2 years, 5 months ago IST
The MDB statement said, "The window of opportunity to secure a liveable and sustainable future for all is rapidly closing. Recognizing the interlinkages between the triple planetary crises of climate, nature, and pollution, achieving the Sustainable Development Goals, the goals of the Paris
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COP28 President calls on Multilateral Development Banks to work faster to
Updated : 2 years, 6 months ago IST
Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, and COP28 President, told the presidents of the world's biggest development banks that "we need more ambition; we need trillions, not billions," to fix climate finance.
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B20 Summit: UN Special Envoy urges multilateral development banks to focus
Updated : 2 years, 9 months ago IST
Mark Carney, UN Special Envoy for Climate Action and Finance, Co-Chair of Glasgow Financial Alliance for Net Zero (GFANZ) and Chair and Head of Transition Investing at Brookfield Asset Management, addressed the need for a shift in the operational orientation of Multilateral Development Banks
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RBI Governor pitches for global debt data sharing platform
Updated : 2 years, 9 months ago IST
Stating that high and unsustainable debt levels have severely constrained the fiscal capacity of many countries, Reserve Bank of India Governor Shaktikanta Das on Friday pitched for a global debt data-sharing platform as part of a solution.
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Strengthening multilateral development banks primary focus of G20 India: S
Updated : 2 years, 9 months ago IST
Union Finance Minister Nirmala Sitharaman on Friday said that the primary focus of India's G20 Presidency has been to strengthen multilateral development banks (MDB) and to address their shared global development goals.
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US Treasury Secy Janet Yellen calls for expansion of multilateral developm
Updated : 2 years, 10 months ago IST
"As part of our evolution agenda, we estimate that the MDBs as a system could unlock USD 200 billion over the next decade just from the measures already being implemented or under deliberation," said Yellen at a press conference in Gandhinagar, Gujarat.
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Sitharaman meets her France counterpart, exchanges views on G20 deliverabl
Updated : 2 years, 11 months ago IST
The Ministers exchanged views on key G20 deliverables under India's G20 Presidency, including strengthening multilateral development banks and managing debt vulnerabilities, among other issues, the Ministry of Finance Tweeted.
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