Climate finance: what is reasonable to expect from MDBs?

As pressure mounts on multilateral lenders to finance the green transition, their approach to risk needs to adapt and governments in high-income countries need to play their part, Irene Monasterolo and Stefano Battisto tell Silvia Pavoni.

by Silvia Pavoni

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Climate finance: what is reasonable to expect from MDBs?

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Irene Monasterolo of EDHEC Business School, and Stefano Battiston of the University of Zurich and Ca’ Foscari University of Venice, share a few thoughts on climate financing and risk, and the roles that multilateral development banks (MDBs), governments and the private sector should play in this space.

Q: How can MDBs play a bigger role in the green transition? Is blended finance the solution?

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Silvia Pavoni

Silvia Pavoni is editor in chief of The Banker. Silvia also serves as an advisory board member for the Women of the Future Programme and for the European Risk Management Council, and is part of the London council of non-profit WILL, Women in Leadership in Latin America. In 2019, she was awarded an honorary fellowship by City University of London.

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Climate finance: what is reasonable to expect from MDBs?

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