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Increasingly popular national development banks must become more effective to solve challenges

National Development Financial Institutions (NDFIs), or state-owned banks with specific development goals, are receiving renewed interest as a policy tool for rapid action in countercyclical lending and financing the sustainable development goals.
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Public development banks can drive sustainable finance

By Manish Bapna, Frannie Leautier and Rémy RiouxWASHINGTON, DC — A climate-resilient future requires public finance. But strong, long-term strategies for financing climate action have, so far, received little attention. One often-overlooked route to meeting this need is public development banks.
United States Manish Bapna Agence Fran Green Climate Fund International Monetary Fund International Development Finance Club

Public development banks can drive sustainable finance

By Manish Bapna, Frannie Leautier and Rémy RiouxWASHINGTON, DC — A climate-resilient future requires public finance. But strong, long-term strategies for financing climate action have, so far, received little attention. One often-overlooked route to meeting this need is public development banks.
United States Manish Bapna Agence Fran Green Climate Fund International Monetary Fund International Development Finance Club

Rome's moment: Draghi, multilateralism, and Italy's new strategy – European Council on Foreign Relations

Summary Italy is set to play a defining role in the use of the EU recovery fund, whose success or failure will likely shape European integration for years to come. Under Prime Minister Mario Draghi, the country is focused on dealing with the pandemic while promoting Italian and European interests as president of the G20 and co-chair of COP26. The Draghi government is shifting the priorities of Italian foreign policy towards the European Union, the transatlantic relationship, and multilateralism...
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Source: ecfr.eu

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