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Toward a Shareholder Consensus on the MDB System

Wednesday, October 11, 2017 9:00 am - 11:30 am
CSIS Headquarters

Please join us for a symposium, "Towards a Shareholder Consensus on the Multilateral Development Bank (MDB) System" that we are hosting in collaboration with the Government of Canada.

The World Bank and regional development banks are critical to advancing sustainable global development and prosperity. By working together, these organizations can achieve more as a system than they can as the sum of their individual parts. Creating meaningful consensus amongst shareholders will be a foundational element in driving this change.
 
The symposium will convene two panels exploring these important issues. The first panel discussion will focus on optimizing the financials of the MDB systems. For example, MDBs could be instrumental in catalyzing private investment into developing countries by offering harmonized credit enhancements that create a critical mass of standardized investment securities that are understood by the market. This, in turn, has the potential to seed a new asset class of emerging markets infrastructure and crowd-in a much larger pool of private capital towards global development objectives.  MDBs could achieve these and other results working as a system, but are less likely to be successful if they each operate independently and in an uncoordinated manner.
 
The second panel discussion will focus on improving development outcomes as a system. System-wide coordination among MDBs can play a fundamental role in ensuring that development finance supports reforms processes. As global challenges evolve and as MDBs are called upon to address more complex situations in fragile and conflict-affected states, a coordinated, lessons-learned approach to financing may lead to more successful outcomes. Likewise, a system-wide strategy for advancing gender equality and the empowerment of women and girls could help accelerate development impact.

Please note that your RSVP is NOT necessary should you be attending the virtual webcast. The webcast will begin once the event has started.


This event was made possible with generous support from the Government of Canada.
Featuring
Introductory Remarks: Christine Hogan
Executive Director for Canada, Ireland, and the Caribbean at the World Bank Group
Opening Remarks: The Honorable Bill Morneau
Minister of Finance, Government of Canada
Panel 1: Tim Turner
Chief Risk Officer at the African Development Bank Group (AfDB)
Panel 1: Nancy Birdsall
Senior Fellow and President Emeritus at the Center for Global Development
Panel 1: Sara Aviel
Former United States Executive Director to the World Bank
Panel 2: Joe Eichenberger
Chief Evaluator of the European Bank for Reconstruction and Development (EBRD)
Panel 2: Diane Jacovella
Deputy Minister of International Development for the Government of Canada
Panel 2: Manuela Ferro
Vice President for Operations Policy and Country Services at the World Bank
CSIS Experts
  • Twitter
Daniel F. Runde
Senior Vice President; William A. Schreyer Chair and Director, Project on Prosperity and Development
  • LinkedIn
Romina Bandura
Senior Fellow, Project on Prosperity and Development, Project on U.S. Leadership in Development
Sara Aviel
Senior Adviser (Non-resident), Project on Prosperity and Development
Contact
Contact Chris Metzger
Tel: 202.775.3148
Media Queries

Contact H. Andrew Schwartz
Chief Communications Officer
Tel: 202.775.3242

Contact Caleb Diamond
Media Relations Manager and Editorial Associate
Tel: 202.775.3173

Related
Development Finance Institutions, Domestic Resource Mobilization, Governance and Rule of Law, International Development, Private Sector Development, Project on Prosperity and Development, The United States and the Multilateral System, U.S. Development Policy

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Media Queries

Contact H. Andrew Schwartz
Chief Communications Officer
Tel: 202.775.3242

Contact Caleb Diamond
Media Relations Manager and Editorial Associate
Tel: 202.775.3173

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