Multilateral Development Banks: Bigger, Bolder, Better?

Speakers: Lord Nicholas Stern, N. K. Singh, Vera Songwe, Charles Forelle, Sri Mulyani Indrawati

In 2023, the financing gap for developing economies to reach their Sustainable Development Goals by 2030 widened to an estimated $4 trillion per year. Multilateral development banks are making progress towards unlocking more capital, but reaching development goals will require public and private investors to scale-up financing, particularly in low income and fragile contexts.

How can enough capital be successfully deployed to close the financing gap and rebuild trust between the international system and affected communities?

Centre for Financial and Monetary Systems

The Centre for Financial and Monetary Systems is committed to fostering a more sustainable, resilient, trusted, and accessible financial system that reinforces long-term value creation and economic growth. The Centre focuses on three key areas: leveraging technology to enhance the financial system, ensuring financial well-being for individuals, and transforming the financial system to support climate action.

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