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CDB Joins Pledge With Global Development Banks To Boost Nature Finance

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CDB Joins Pledge With Global Development Banks To Boost Nature Finance

The Caribbean Development Bank (CDB) on Tuesday joined with the world’s other Multilateral Development Banks (MDBs) in a global pledge to further mainstream nature across its policies and operations, and to scale up nature finance.   The pledge came in the joint statement which was endorsed by the heads of nine MDBs at the 26th Meeting of the United Nations Framework Convention on Climate Change Conference of Parties underway in Glasgow, Scotland.   CDB President Dr. Gene Leon, in noting the significance of the pledge and its commitments for the Caribbean region, said they already align with the CDB’s own focus on climate action, citing ongoing and approved nature-based interventions.