Nature Positive Financing the Tranisition in Cities

Assumptions Data analysis assumptions TABLE 4 Assumptions 1Only finance for approved projects has been considered. These terms vary across MDBs, but the terms included were: –Approved –Active –Fully disbursed –Fully reimbursed –Closed –Ongoing –Complete/completed/completion –Disbursing –Repaying –Signed 2 Finance for banks was aggregated from 2015-2024, however, data from AIIB was not available for 2015. 3 Nature and urban taxonomies were applied to project descriptions for all banks to understand whether projects had a nature impact. 4Currencies were all converted into US dollars using an average currency of US dollars between 2015 and 2024, as of 4 September of each year. The exception was the Croatian kuna, which was replaced by the euro in 2023 and only a single data point (2022) was available. 5Countries listed in the project data were aggregated and unified to create a single list of countries using project data from all considered banks. 6All sector groups listed in the project data for all MDBs were consolidated into a list of 12 sectors: 1. Agriculture, forestry, land use and fisheries 2. Cross-sectoral activities 3. Energy and mining 4. Environment 5. Financial sector 6. Industry, manufacturing and trade 7. Information and communications technology 8. Infrastructure and built environment 9. Institutional capacity support and technical assistance 10. None 11. Transport 12. Water and waste management. 7 If a project was considered an urban nature project, the entire sum of the project was counted. Nature Positive: Financing the Transition in Cities 40