In the second volume of its report, the panel with N K Singh and Lawrence Summers as co-conveners recommended that MDBs should focus on helping countries build and operationalise “country platforms”, or voluntary country-level mechanisms set out by respective governments to foster collaboration among development partners on the basis of a shared strategic vision and priorities.
The high-level G20 panel moots trebling lending limits of multilateral banks by 2030, which includes attracting private investors and introducing pooled portfolio guarantees
G20 leaders recognise the pivotal role the multilateral development banks (MDBs) play in tackling global challenges and supporting sustainable development. Now they must more clearly define and carry forward the agenda with urgency and at scale.
The group has leaned in support of a general capital increase, with the increase in official financing expected to be split between concessional and non-concessional funds.
by bunty tyagiahmedabad, city leaders and mayors from g20 nations on saturday urged the grouping to help them develop inclusive and sustainable cities with emphasis on accelerating climate finance, ensuring water security and promot