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VERSION:2.0
PRODID:unctad.org
BEGIN:VEVENT
UID:6a4d6abc9944c
DTSTART:20251021T080000Z
SEQUENCE:0
TRANSP:OPAQUE
DTEND:20251021T093000Z
LOCATION:Geneva\, Switzerland
SUMMARY:UNCTAD16 parallel event: Multilateral and national development bank
 s — boosting affordable financing
CLASS:PUBLIC
DESCRIPTION:Multilateral developments banks are key pillars of internationa
 l development cooperation\, providing development finance for sustainable 
 development and investments and complementing developing countries&#039\; 
 efforts to mobilize public resources domestically.Together with multilater
 al developments banks\, national development banks are critical for bridgi
 ng the development finance gap - now estimated at over $4 trillion a year.
  However\, non-concessional loans have accounted for almost 90 per cent of
  multilateral developments bank flows since the COVID-19 (coronavirus dise
 ase) pandemic.UNCTAD has called multilateral developments banks to scale u
 p affordable development finance\, which encompasses not only concessional
  loans and grants but also local currency loans.Working together with nati
 onal development banks\, multilateral development banks can play a crucial
  role in ensuring that such affordable finance is directed to the Sustaina
 ble Development Goals and national development strategies.This event will 
 explore how multilateral developments banks\, national development banks a
 nd policymakers from developing countries can coherently boost the provisi
 on of affordable development finance for national development strategies a
 nd policy\, and thereby advance outcomes of the Fourth International Confe
 rence on Financing for Development.ProgrammeHigh-level panel and interacti
 ve discussionQuestions:How can concessional financing and grants of multil
 ateral developments banks be scaled up?Which actions\, including mechanism
 s to lower the cost of currency risk\, could scale up multilateral develop
 ments banks’ local currency lending?How could the network of multilatera
 l developments banks and national development banks be better leveraged?Wh
 at are the best country models for linking multilateral developments bank 
 lending to national development strategies?Speakers:Ahmed Kouchouk\, Minis
 ter of Finance of EgyptAbdullah Kh. Almusaibeeh\, President\, Arab Bank fo
 r Economic Development in Africa (BADEA)Luis Jiménez-McInnis\, European R
 epresentative\, Inter-American Development Bank (IDB)Helena Tenório Veiga
  de Almeida\, Director of Planning\, Brazilian Development Bank (BNDES)Mod
 erator:Clara Manuela da Luz Delgado Jesus\, Ambassador\, Permanent Mission
  of Cabo Verde to the United Nations at Geneva&lt\;p&gt\;Multilateral deve
 lopments banks are key pillars of international development cooperation\, 
 providing development finance for sustainable development and investments 
 and complementing developing countries&#039\; efforts to mobilize public r
 esources domestically.&lt\;/p&gt\;&lt\;p&gt\;Together with multilateral de
 velopments banks\, national development banks are critical for bridging th
 e development finance gap - now estimated at over $4 trillion a year. Howe
 ver\, non-concessional loans have accounted for almost 90 per cent of mult
 ilateral developments bank flows since the COVID-19 (coronavirus disease) 
 pandemic.&lt\;/p&gt\;&lt\;p&gt\;UNCTAD has called multilateral development
 s banks to scale up affordable development finance\, which encompasses not
  only concessional loans and grants but also local currency loans.&lt\;/p&
 gt\;&lt\;p&gt\;Working together with national development banks\, multilat
 eral development banks can play a crucial role in ensuring that such affor
 dable finance is directed to the Sustainable Development Goals and nationa
 l development strategies.&lt\;/p&gt\;&lt\;p&gt\;This event will explore ho
 w multilateral developments banks\, national development banks and policym
 akers from developing countries can coherently boost the provision of affo
 rdable development finance for national development strategies and policy\
 , and thereby advance outcomes of the Fourth International Conference on F
 inancing for Development.&lt\;/p&gt\;&lt\;h3&gt\;Programme&lt\;/h3&gt\;&lt
 \;p&gt\;High-level panel and interactive discussion&lt\;/p&gt\;&lt\;p&gt\;
 Questions:&lt\;/p&gt\;&lt\;ul&gt\;&lt\;li&gt\;How can concessional financi
 ng and grants of multilateral developments banks be scaled up?&lt\;/li&gt\
 ;&lt\;li&gt\;Which actions\, including mechanisms to lower the cost of cur
 rency risk\, could scale up multilateral developments banks’ local curre
 ncy lending?&lt\;/li&gt\;&lt\;li&gt\;How could the network of multilateral
  developments banks and national development banks be better leveraged?&lt
 \;/li&gt\;&lt\;li&gt\;What are the best country models for linking multila
 teral developments bank lending to national development strategies?&lt\;/l
 i&gt\;&lt\;/ul&gt\;&lt\;p&gt\;Speakers:&lt\;/p&gt\;&lt\;ul&gt\;&lt\;li&gt\
 ;&lt\;strong&gt\;Ahmed Kouchouk&lt\;/strong&gt\;\, Minister of Finance of 
 Egypt&lt\;/li&gt\;&lt\;li&gt\;&lt\;strong&gt\;Abdullah Kh. Almusaibeeh&lt\
 ;/strong&gt\;\, President\, Arab Bank for Economic Development in Africa (
 BADEA)&lt\;/li&gt\;&lt\;li&gt\;&lt\;strong&gt\;Luis Jiménez-McInnis&lt\;/
 strong&gt\;\, European Representative\, Inter-American Development Bank (I
 DB)&lt\;/li&gt\;&lt\;li&gt\;&lt\;strong&gt\;Helena Tenório Veiga de Almei
 da&lt\;/strong&gt\;\, Director of Planning\, Brazilian Development Bank (B
 NDES)&lt\;/li&gt\;&lt\;/ul&gt\;&lt\;p&gt\;Moderator:&lt\;/p&gt\;&lt\;ul&gt
 \;&lt\;li&gt\;&lt\;strong&gt\;Clara Manuela da Luz Delgado Jesus&lt\;/stro
 ng&gt\;\, Ambassador\, Permanent Mission of Cabo Verde to the United Natio
 ns at Geneva&lt\;/li&gt\;&lt\;/ul&gt\;\n\nView meeting on unctad.org\nhttp
 s://unctad.org/unctad16/multilateral-and-national-development-banks-boosti
 ng-affordable-financing
DTSTAMP:20260707T210812Z
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