VCA event: Mulitilateral Development Bank (MDB) information session
The recording of this event is now available in English with versions that include Spanish, Brazilian Portuguese, French and Bahasa Indonesia translations.
This information session hosted by the Global Programme aimed to enable civil society and climate-affected communities to engage in MDB reform discussions and identify opportunities for engagement.
There has been a growing call for reform by Multilateral Development Banks (MDBs). Under the Indian G20 presidency, G20 independent expert group has published a report on MDB reform, and the World Bank has begun preliminary discussions on the reform proposals.
There is an opportunity for the Voices for Just Climate Action (VCA) Network to engage in this process to ensure that the most marginalised voices are heard and considered in deliberation and the reform process.
In this session, panellists discussed and exchange views on the various perspectives on the depth, approach and process of the MDB reform proposals; and opportunities for scaling finance for people-centred and rights-based climate action.
The discussion included:
- What is the status of the MDB reform discussions? What are the current proposals for reform? What are the opportunities for influencing?
- What opportunities and risks are associated with the proposed MDB reform for climate-affected and low-income countries?
- What civil society priorities should the MDB reform processes consider to affect people-centred and rights-based climate action?
- What should be VCA’s position on the MDB reform?
WATCH THE RECORDING