Enabling Frameworks Action Group
Spotlight on: National Development Banks
Policy Brief: Enhancing the Role of National Development Banks in Supporting Climate-Smart Urban Infrastructure
Read the Policy Brief here
Watch the Launch Webinar here
National Development Banks (NDBs) are generally well positioned to support climate-smart urban infrastructure investments, and to address larger systemic challenges facing cities in their efforts to contribute to the Paris Agreement goals as well as broader development objectives. This paper focuses specifically on enhancing the role that National Development Banks play in supporting the acceleration of climate-smart urban infrastructure investment. With more than USD 5 trillion in assets and several comparative advantages relative to other financiers, NDBs are well-positioned to lead this shift. However, maximizing their potential will require strengthening the enabling environments of urban institutions, as well as making some strategic adjustments at the NDB institutional and financing levels.
ODI, 2020. Griffith, J., Attridge, S., Gouett, M. Securing climate finance through national development banks. London: Overseas Development Institute.
OECD, 2019. Scaling up climate-compatible infrastructure: Insights from national development banks in Brazil and South Africa. OECD Environment Policy Paper. Paris: Organisation for Economic Co-operation and Development.
GIZ, 2018. Global Report: The role of national financial institutions in the implementation of NDCs. Bonn: Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH.
World Bank, 2018. 2017 Survey of National Development Banks. Washington,DC: The World Bank.
Boston University, 2016. Studart, R. and Gallagher, K. Infrastructure for Sustainable Development: The Role of National Development Banks. Boston: Boston University Global Economic Governance Initiative.
IDB, 2013. The Role of National Development Banks in Catalyzing International Climate Finance. Washington, DC: Inter-American Development Bank.
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