This report, prepared on behalf of the members of The Montreal Group (TMG), provides a perspective on the role development banks (DBs) play in green financing to support mitigation and adaptation activities for micro, small and medium enterprises (MSMEs).

Based on member experience in different countries, with different levels of commitment to climate policy and extent of support for climate resilient measures, the report shows the unique position occupied by DBs in mobilizing public funds towards cost-effective measures in energy efficiency, renewable energy and green infrastructure projects.