{"id":107949,"date":"2025-12-18T12:30:57","date_gmt":"2025-12-18T12:30:57","guid":{"rendered":"https:\/\/www.climatepolicyinitiative.org\/?post_type=cpi_publications&#038;p=107949"},"modified":"2026-05-11T16:05:47","modified_gmt":"2026-05-11T16:05:47","slug":"public-development-banks-climate-commitments-2025-trends-and-progress-of-pdb-climate-ambition","status":"publish","type":"cpi_publications","link":"https:\/\/www.climatepolicyinitiative.org\/id\/publication\/public-development-banks-climate-commitments-2025-trends-and-progress-of-pdb-climate-ambition\/","title":{"rendered":"Public Development Banks\u2019 Climate Commitments 2025: Trends and progress of PDB climate ambition"},"content":{"rendered":"\n<p>Public development banks (PDBs) are crucial to meeting global climate and development goals. For 2025, major global agendas from the G20 Sustainable Finance Working Group to the FiCS Communiqu\u00e9 have repeatedly stressed the urgent imperative for PDBs to scale up climate finance and initiate new models of collaboration.<\/p>\n\n\n\n<p>However, a decade after the Paris Agreement, the data indicates an inconsistent trajectory for PDB ambitions.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Challenges for PDB capital mobilization<\/strong><\/h3>\n\n\n\n<p>Following rapid growth between 2020 and 2022, tracked PDB climate finance saw a <strong>notable decrease in 2023<\/strong>. <\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"960\" height=\"668\" src=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2025\/12\/Figure-publication-page.png\" alt=\"\" class=\"wp-image-107979\" srcset=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2025\/12\/Figure-publication-page.png 960w, https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2025\/12\/Figure-publication-page-300x209.png 300w\" sizes=\"auto, (max-width: 960px) 100vw, 960px\" \/><\/figure>\n\n\n\n<p>This decline signals that, while the need for climate investment has never been higher, PDB efforts are being undermined by emerging headwinds, including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Shrinking public fiscal space<\/li>\n\n\n\n<li>Rising cost of capital<\/li>\n\n\n\n<li>Diversion of resources to address near-term shocks<\/li>\n<\/ul>\n\n\n\n<p>In this increasingly uncertain macroeconomic and geopolitical context, it is more critical than ever that PDBs scale their commitments and implementation capacity to ensure sustained growth in climate financing.<\/p>\n\n\n\n<p>Based on data presented in CPI\u2019s <a href=\"http:\/\/pdbcap.climatepolicyinitiative.org\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Public Development Bank Climate Action Portal<\/strong> <\/a>(PDBCAP), this report directly responds to these challenges by providing <strong>practical, data-driven insights<\/strong> into the next steps PDBs and key stakeholders must take to achieve climate goals.<\/p>\n\n\n\n<p>Various stakeholders can leverage the insights in the report to:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Raise collective climate ambition across the PDB network.<\/li>\n\n\n\n<li>Implement robust climate commitments that withstand macroeconomic shocks.<\/li>\n\n\n\n<li>Generate sustained growth in capital mobilization.<\/li>\n<\/ul>\n\n\n\n<p><a href=\"https:\/\/www.climatepolicyinitiative.org\/wp-content\/uploads\/2025\/12\/PDB-Climate-Commitments-2025.pdf\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"button\">Download the full report<\/span><\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><a id=\"_msocom_1\"><\/a><\/p>\n\n\n\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Public development banks are crucial to meeting global climate and development goals. Based on data from CPI\u2019s Public Development Bank Climate Action Portal, this report provides practical insights into the steps PDBs and key stakeholders must take to achieve them.<\/p>\n","protected":false},"author":259,"featured_media":107973,"template":"","format":"standard","meta":{"_acf_changed":false},"programs":[],"regions":[518,392],"topics":[1894,1901,623,1199,1895],"collaborations":[],"class_list":["post-107949","cpi_publications","type-cpi_publications","status-publish","format-standard","has-post-thumbnail","hentry","regions-developing-economies","regions-global","topics-climate-finance","topics-climate-finance-landscapes","topics-development-finance","topics-finance","topics-financial-institutions"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Public Development Banks\u2019 Climate Commitments 2025: Trends and progress of PDB climate ambition - CPI<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.climatepolicyinitiative.org\/publication\/public-development-banks-climate-commitments-2025-trends-and-progress-of-pdb-climate-ambition\/\" \/>\n<meta property=\"og:locale\" content=\"id_ID\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Public Development Banks\u2019 Climate Commitments 2025: Trends and progress of PDB climate ambition - CPI\" \/>\n<meta property=\"og:description\" content=\"Public development banks are crucial to meeting global climate and development goals. 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