Multilateral Development Bank (MDB) Reform: How can MDBs Better Support Green Energy Transitions and Financing Requirements in the Global South?
South Africa’s heavy reliance on coal has made it one of the world’s largest CO₂ emitte...
November 22 | Pakistan
By Vaqar Ahmed and Muhammad Zeshan, this blog highlights the substantial investments needed for Pakistan's green energy shift and the role of domestic and international financing, including MDB support. They recommend phasing out fossil fuel subsidies, fostering public-private partnerships, and implementing robust environmental safeguards to ensure a sustainable and inclusive transition. Southern-led research and regional collaboration are emphasized as key to effective policy design and implementation.
November 22 | South Africa
PEP researchers Heinrich Bohlmann and Jessika Bohlmann emphasize the critical role of Multilateral Development Banks (MDBs) in South Africa’s shift from coal to renewable energy. The research highlights the need for concessional financing, workforce retraining, and governance reforms to ensure a just and sustainable energy transition. With MDB support, South Africa can achieve long-term environmental and economic resilience.