A group of nine multilateral development banks (MDBs) have published a report on Climate Finance 2020. The report reveals that the MDBs provided a total of $66 billion towards green funding in 2020. Of this, $49.945 billion (76%) was assigned for climate change mitigation finance, and $16.1 billion (24%) was allotted for climate change adaptation finance to help entities mitigate the effects of environmental upheavals.