MDBs_Nachhaltigkeit
A greener future with multilateral development banks
The consequences of climate change are many – from rising sea levels and heat waves to floods and the loss of biodiversity. Global solutions and innovative thinking are vital to overcoming these complex problems, and multilateral development banks (MDBs) have a key role to play.
MDBs ensure compliance with international environmental, social and governance standards. They also finance sustainability projects and possess extensive expertise in these fields.
The World Bank, the world’s largest development bank, is active globally. In contrast, the regional development banks – the Inter-American, Asian and African Development Banks and the European Bank for Reconstruction and Development – focus on reconstruction and development projects in their own regions.
Multilateral cooperation facilitates large projects such as climate investment, which is one reason Switzerland is a member of several development banks. MDB member states contribute to the bank’s funding and participate in its decision-making.
Projects
Find out more about three MDB projects that SECO is supporting: protecting the Amazon region, promoting sustainable wind energy and improving public transport.
IDB Amazon Fund
The Amazon rainforest – a global commitment to the lungs of the planet
Das Amazonasbecken erstreckt sich über neun südamerikanische Länder und bedeckt eine Fläche von 6,5 Millionen Quadratkilometern. Es beheimatet eine beeindruckende Vielfalt an exotischen Pflanzen und Tieren – darunter auch der seltene Jaguar, flinke Pfeilgiftfrösche und zahlreiche Piranha-Arten.
Durch das Regenwaldgebiet fliesst der wasserreichste Fluss der Welt – der Amazonas. Dieser formt ein lebensspendendes Ökosystem und versorgt den Kontinent mit Süsswasser.
Durch das Regenwaldgebiet fliesst der wasserreichste Fluss der Welt – der Amazonas. Dieser formt ein lebensspendendes Ökosystem und versorgt den Kontinent mit Süsswasser.
The Amazon rainforest influences and regulates the climate of the entire planet – and its health is therefore crucial to the health of the planet. The rainforest is also an important economic resource. SECO has provided the Inter-American Development Bank (IDB) with CHF 8 million in project funding for its Amazon Bioeconomy and Forest Management fund.
Windenergie
Wind energy in Laos – electricity from 100 metres in the air
Replacing coal and other carbon-based fuels with renewable energy sources like wind is key in the fight against climate change.
Yet many developing and emerging countries in the Asia-Pacific region lack the funding required for the energy transition. This is where the Asian Development Bank can help – as it did by funding a wind energy project in Laos.
Yet many developing and emerging countries in the Asia-Pacific region lack the funding required for the energy transition. This is where the Asian Development Bank can help – as it did by funding a wind energy project in Laos.
Much of the Lao People’s Democratic Republic is mountainous. This landscape creates natural passes that funnel and strengthen the wind, providing ideal conditions for operating wind turbines.
The bank is funding the construction of a 600MW wind power plant comprising 133 wind turbines. Located in southern Laos, the plant is the first of its kind in the country and the largest in South-East Asia. The energy produced will be sufficient for neighbouring Vietnam to benefit as well.
In addition to its advancement of sustainable energy production, the plant project will allow Laos to reduce its annual carbon emissions by some 750,000 tonnes.
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A greener future with multilateral development banks
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