Non-fossil to fossil energy ratio and scaling up climate investment in all sectors

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Paris alignmentReasoning
UnalignedFossil fuel investment outweighs climate-related energy investment. CDB has the largest level of fossil fuel financing of all institutions in this Matrix.

Explanation

Fossil fuel investment outweighs climate-related energy investment. CDB has the largest level of fossil fuel financing of all institutions in this Matrix.

Climate finance appeared to drop in 2018 before rising again in 2019. These numbers are reported at an aggregate level. It is therefore hard to know exactly what projects have been included within this.

The CDB has also announced that it will aim for green loans to account for about 30% of credit assets by 2030. It is not clear if this applies to both domestic and international lending.

Last Update: December 2021