10 Multilateral Development Banks Deepen Collaboration to Work as a System:

Daily Current Affairs / 10 Multilateral Development Banks Deepen Collaboration to Work as a System:

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Category : Business and economics Published on: April 25 2024

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The leaders of 10 multilateral development banks (MDBs) announced joint steps to work more effectively as a system and increase the impact and scale of their work to tackle urgent development challenges.
MDBs expect to generate additional lending headroom on the order of USD300-400 billion over the next decade, with the support of shareholders and partners.
The Global Collaborative Co-financing Platform, will be a digital marketplace that brings together a curated list of projects seeking co-financing from participating institutions.

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10 Multilateral Development Banks Deepen Collaboration to Work as a System: