Last year, $28 billion was collectively spent on climate finance from six large multilateral development banks (MDBs). That's no small feat, but 2,100 new coal plants slated for construction worldwide threaten to push us over our global 2°C carbon budget: 276 gigawatts are currently under construction and another 1,000 gigawatts are in different planning stages. These are numbers that should elicit additional energy investment scrutiny.

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