On the sidelines of the 2024 IMF/ World Bank Spring Meetings in Washington D.C., 10 Multilateral Development Banks (MDBs) announced their collaboration to launch a digital initiative aimed at creating a digital marketplace for projects seeking co-financing from participating institutions.
The Global Collaborative Co-financing Platform aims to streamline co-financing processes and provides a centralised hub for shared project information. It thereby addresses a key gap to facilitate MDB collaboration and drives strong development impact globally.
Lion’s Head Global Partners is proud to have served as an adviser to the Asian Infrastructure Investment Bank during the initial conceptualisation of the platform.
Check out the platform here: www.cofinancing.org
To learn more about the initiative, read: 10 MDBs Jointly Launch Global Co-financing Platform – News – AIIB