Abstract
Multilateral banks are the first institutional investors to use dedicated climate and financial finance. Raised through green, social and sustainability-linked bonds, these organizations are funding priority projects related to the energy transition, climate change mitigation and recovery, and develop social infrastructure. As interest in the above financial instruments has grown, Multilateral Development Banks have lost the lead to private financial and non-financial corporations, but are still innovators in the field of sustainable finance, as evidenced by the recent experience of the emerging blue finance. One of the problems of multilateral development banks in terms of sustainable financing is their strategic goal setting in this area. Focusing only on a quantitative indicator in the form of climate finance, as well as the lack of quantitative indicators in terms of the social sector in their strategies, do not allow us to assess the effectiveness of the measures taken by these institutions.
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