Nature Positive Financing the Tranisition in Cities

Appendix Methodology and data Methodology For this analysis, public project data from seven banks (listed below) was collated and aggregated to form a perspective on MDB financing towards nature-related urban development. (see Figure 12 and Table 4). This report estimates: –Total urban nature official development assistance (ODA) into cities. –Urban nature finance flows by sector and region. Nature- and urban-related terms were all validated with the MDBs, to ensure there was accuracy in the tagging of projects as urban nature projects. Projects that were both nature-related and urban- related were counted as urban nature projects. (see Figure 13). A taxonomy for nature-related and urban-related terms was used to filter project data in order to understand spend on nature and on urban initiatives, respectively. Inputs Process Outputs Standardize dataIdentify relevant projects and consolidate data Conduct data validation and checks Data was standardized by: Converting all finance amounts into US dollars (using a conversion rate averaged across 2015-2024) Developing a single list of all countries and regions Developing a single list of all sectorsData was identified through the urban and nature taxonomies and then aggregated for analysis: Filtering projects by urban and nature taxonomy Aggregating data by: Year Sector Country, region and continent of projectConsolidated data sheets were checked by: Reviewing aggregate data amounts against raw data sets Reviewing total spend against MDB annual report amounts Conducting ad hoc manual checks on project descriptions Validating spend amount with each bankTotal spend, nature spend and urban nature project spend by: Year Country, region and continent Sector Gap between nature finance and need Largest growing sectorsMDB financing project data across 2015 to 2024 (where available) from: African Development Bank Asian Development Bank Asian Infrastructure Investment Bank (AIIB) European Bank of Reconstruction and Development European Investment Bank Inter-American Development Bank World Bank– –––– – – – –– – –– – – ––MDB Project data analysis methodology FIGURE 12 Taxonomy of nature and urban terms FIGURE 13Source: World Economic Forum. Nature-related terms Urban-related terms Atmosphere Land Freshwater OceanBiodiversity Sustainability Water Green Blue Climate Forest RenewableCity Urban Sub-nationalMunicipality Metro TownLocal government District Nature Positive: Financing the Transition in Cities 39