International Institute for Sustainable Development (IISD)
Abstract: This research paper explores the progress made by four MDBs to deliver on their commitments to mainstream adaptation in their developing country portfolios, specifically looking at experiences in Kenya, Nepal, and Peru. Drawing upon case studies prepared by three partner research organizations—the African Centre for Technology Studies, the Prakriti Resources Centre, and Libélula—it explores the progress made by MDBs to • Scale up finance for adaptation at the country level across the full breadth of their investment portfolio—including designated climate finance and development finance streams. • Incorporate climate risk screening and assessment in project design and implementation. • Align their portfolios with national adaptation priorities identified by national governments in their National Adaptation Plans (NAPs) and nationally determined contributions (NDCs)