Events

LCAW | Enabling MDBs to raise climate action: The role of donor shareholders

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People walk past the IMF HQ2 during the 2021 Spring Meetings at the International Monetary Fund. IMF Joshua Roberts via Flickr
People walk past the IMF HQ2 during the 2021 Spring Meetings at the International Monetary Fund. Photo: IMF/Joshua Roberts via Flickr.
13:00 1 Jul 2021

As countries turn from immediate crisis response to recovery, and the international community gears up for COP26, more emphasis is being placed on multilateral development banks (MDBs) and donor shareholders than ever before.

But for development banks to play a transformational role in scaling up support for developing countries in their transition onto low-emission climate-resilient pathways, they need guidance from shareholder governments. Donor governments can influence MDBs to enhance climate ambition and action – including through alignment with the objectives of the Paris Agreement – through their voting power and provision of concessional resources.

This OECD and E3G hosted closed-door workshop will facilitate a discussion among line-ministries of MDB donor shareholders (finance, foreign affairs/development co-operation and environment/climate) and representatives of the MDBs. Recent and ongoing work of E3G and the OECD will inform the discussion.

Time: 13:00 – 15:30 BST

Please note this is an invitation only event. Contact johannes.schroeten@e3g.org or ozlem.taskin@oecd.org for further information on registering. 

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