15 February 2017
15 Feb 2017
G20 releases GI Hub report on Multilateral Development Banks
15th February 2017
The G20 today released a report prepared by the Global Infrastructure Hub reviewing the extent to which Multilateral Development Banks (MDBs) create incentives within their organisations to ‘crowd-in’ private finance to fund public infrastructure.
At the G20 meeting in Chengdu, China in July 2016, the GI Hub was asked to “work with the MDBs to assess internal incentives with regard to crowding-in private finance and to report to our deputies in December 2016”.
The GI Hub consulted with a range of MDBs, as well as key private sector stakeholders, and made seven key findings and a number of recommendations.