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ADB & NDB make good progress to expand cooperation and leverage each other’s financing

ADB & NDB make good progress to expand cooperation and leverage each other’s financing

by SIF Comm Team | Oct 13, 2017 | MDBs & Infra News

Asian Development Bank (ADB) Vice-President Wencai Zhang met with New Development Bank (NDB) Vice President and Chief Operations Officer Xian Zhu on the sidelines of the World Bank-International Monetary Fund Annual Meetings to discuss progress on projects for...
OECS: Building the project pipeline for rapid Climate Action

OECS: Building the project pipeline for rapid Climate Action

by SIF Comm Team | Sep 29, 2017 | MDBs & Infra News

Urgent investment into infrastructure more resilient to climate change is needed to allow Caribbean island nations to achieve their clean energy, sustainable development plans, a high-level meeting of representatives from Caribbean governments, development partners...
AsDB, KfW scale up cofinancing partnership with additional USD 2 billion

AsDB, KfW scale up cofinancing partnership with additional USD 2 billion

by SIF Comm Team | Sep 29, 2017 | MDBs & Infra News

The Asian Development Bank (AsDB) and the German development bank KfW have scaled up their existing cofinancing partnership with an additional USD 2 billion over the next 3 years until 2020 to continue promoting development in the Asia and Pacific region. The...
WB, AIIB approve funding for Metro Manila Flood Management Project

WB, AIIB approve funding for Metro Manila Flood Management Project

by SIF Comm Team | Sep 29, 2017 | MDBs & Infra News

The World Bank (WB) and the Asian Infrastructure Investment Bank (AIIB) will provide funding to improve flood management in select drainage areas in Metro Manila. Flood events, particularly during the typhoon season from June to October, are a recurring problem in...
World Bank and UN announce Invest4Climate initiative to ramp up finance for climate action

World Bank and UN announce Invest4Climate initiative to ramp up finance for climate action

by SIF Comm Team | Sep 20, 2017 | MDBs & Infra News

Meeting the Paris Agreement’s climate commitments requires climate-resilient, low-carbon investments at an unprecedented speed and scale. The demand from countries to finance these investments – including through their Nationally Determined Contributions (NDCs)...
HKMA to support IFC finance projects across 100 countries, including in infrastructure

HKMA to support IFC finance projects across 100 countries, including in infrastructure

by SIF Comm Team | Sep 19, 2017 | MDBs & Infra News

The Hong Kong Monetary Authority (HKMA) signed an agreement with the International Finance Corporation (IFC), a member of the World Bank Group, in London, committing USD 1 billion to the innovative Managed Co-Lending Portfolio Program (MCPP) debt mobilisation platform...
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