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Home › Free tools › Paris Alignment and Climate Readiness Assessment

Paris Alignment and Climate Readiness Assessment

Multilateral development banks now assess new operations for alignment with the Paris Agreement. The World Bank has aligned all new operations since 1 July 2023, and IFC and MIGA reached all new operations from 1 July 2025. This assessment checks your project or pipeline against the joint MDB methodological principles: the mitigation test (BB1), the adaptation and resilience test (BB2), country climate strategies, greenhouse gas accounting and climate finance reporting. This is a real readiness tool: each question is drawn from the current official texts listed under "Based on", and Risalat's guideline monitor re-checks those sources every two weeks so the questions follow new editions.

  • Assessment
  • 12 min
  • Free
  • Saved in your browser

Who it is for

  • Project preparation teams and PIUs seeking MDB or climate fund finance
  • Ministries of finance, planning and environment
  • Utilities, municipalities and state-owned enterprises
  • Consultants preparing feasibility studies and concept notes
  • Banks and funds preparing climate-related proposals

What you get

  • A readiness score across six Paris alignment areas
  • A view of mitigation and adaptation gaps a lender will raise
  • Practical steps for climate risk screening and GHG accounting
  • Links to the official MDB methodology
  • Programmes that build the missing skills

Questions

What does Paris alignment mean for a project?

The lender checks that the operation is consistent with the Paris Agreement goals: it should not lock in high-carbon assets and it should manage physical climate risks. The joint MDB principles call these the mitigation and adaptation building blocks.

Which lenders use the joint MDB principles?

The World Bank Group and the other major MDBs that signed the joint approach, such as ADB, AfDB, AIIB, EBRD, EIB and IDB, each apply them through their own procedures.

Is a climate risk screening the same as an ESIA?

No. Screening focuses on climate hazards and the project's exposure to them. Its findings should feed into the environmental and social assessment and the design.

Do small projects need GHG accounting?

Lenders usually set thresholds for full accounting, but an estimate of the main emission sources helps you pass the mitigation test and prepare climate finance proposals.