ODI's EVENT: Multilateral Development Banks’ Capital Adequacy Frameworks: options for reform?

In 2021, G20 members created an independent panel to evaluate whether multilateral development bank (MDB) shareholder capital is being used efficiently and to understand whether MDBs can lend more without threatening their long-term financial integrity. This was in response to a growing sense among policy-makers that MDBs need reforming if they are to play a more meaningful role in addressing the global crises of today and tomorrow.

The panel’s Independent Review of MDBs’ Capital Adequacy Frameworks report was subsequently published in July. It centred on five recommended reforms: re-evaluating MDB risk limits, recognising the benefits of callable capital, expanding the use of financial innovations, enhancing dialogue with credit rating agencies, and promoting greater transparency regarding MDB credit performance.

As well as discussing the recommendations of the report and framing the emerging issues and priorities, this webinar will explore the following questions:

- Are MDB capital adequacy policies fit for purpose to face current global challenges?

- Can MDBs safely lend more without threatening their bond ratings?

Speakers

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  Sara Pantuliano

  Chief Executive, ODI (Chair)

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  Masood Ahmed

  President, Center for Global Development (Moderator)

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  Frannie Léautier

  CEO, SouthBridge Group and ODI Trustee – Expert Chair of the Independent Review of Multilateral Development Banks’ Capital Adequacy Frameworks

• 

  Hans Peter Lankes

  Visiting Professor in Practice, London School of Economics – Member of the expert group

• 

  Chris Humphrey

  Senior Research Associate, ODI – Member of the expert group

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  Nancy Lee

  Senior Policy Fellow, Center for Global Development – Member of the expert group

• 

  Afsaneh Beschloss

  CEO, RockCreek

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  Rajiv Shah

  President, Rockefeller Foundation

• 

  Wempi Saputra

  Assistant Minister of Finance for Macroeconomy and International Finance, Government of Indonesia

• 

  Francesca Utili

  Director of International Financial Relations, Italian Department of the Treasury