The World Federation of Development Financing Institution’s Knowledge Hub (WFDFI_KH) is an online portal that clusters knowledge and resources on development financing across all development intervention areas. It is a free-for all web space where development financing practitioners and enthusiasts could access existing and compelling knowledge products from a wide range of institutions, with diverse structure and procedures, engaged in supporting and promoting development finance and its crosscutting issues in advancing policies, processes, programs, projects and practices for the benefits of their beneficiaries and stakeholders. The two-fold purposes of the WFDFI_KH are shaping and advancing policy and advocacy positions that impact the development of the banking and finance community worldwide and improve DFI capacity, as well as facilitating knowledge management and sharing.
This paper sets out to better understand and highlight good practices among DFI complaint mechanisms, and discuss some of the challenges linked to their operationalisation (including in the case of co-financing). It concludes by presenting a set of recommendations for European DFIs to keep improving their complaint mechanisms.
Little is known about mining taxation in Latin America and the Caribbean (LAC), although it is both particularly complex and has large effects on incentives for investments in mining activities. This paper reviews the types and consequences of mining taxes that are applied in the region and their implications for investment. Most countries assess royalties based on the value of production, which are consistent with royalties applied globally. However, miners confront additional taxes such that tax regimes, in the aggregate, inefficiently discourage investment, including income taxes, non-refundable sales taxes on capital purchases, capital taxes, gross receipt taxes, and real estate transfer taxes. Several reforms emerge from the analysis. The most important is for LAC countries to consider profit-based regimes--similar to Chile, Mexico, and Peru--supplemented by a minimum royalty based on the value of production. Company tax reforms should also be considered with the aim to tax mining similarly to other sectors of the economy to improve the allocation of capital.
Author: Bazel, Philip; Mintz, Jack M.; Reyes-Tagle, Gerardo
The 2022 CEO Forum of African DFIs was held from November 23 to 25, 2022, at the Gaborone International Convention Centre (GICC), in Gaborone, Botswana. The objectives of the forum were to discuss the challenges of inadequate resources in promoting SDG projects in Africa and to come up with actionable, innovative measures to scale up resource mobilization by DFIs.
This report is a global assessment of national public development banks’ (PDBs) involvement in the water sector in its broadest sense. It was commissioned by the Agence Française de Développement (AFD) in the context of the Finance in Common Initiative, which seeks to enhance PDBs’ role in financing countries’ commitments to the Sustainable Development Goals and the Paris Agreement.
Public finance can play a critical role in work towards the SDGs and in alignment of finance with the SDGs. This report makes three main contributions to that effort: (i) Providing a common conceptual basis for alignment with the SDGs for the PDB community; (ii) Sharing practical ways, tools and processes to implement such alignment and make it operational through all decision levels; and (iii) Laying the groundwork for future in-depth discussions and alliances among stakeholders interested in SDG alignment and financing for sustainable development.
In the context of Development Finance Institutions’ (DFIs) efforts to mobilise private sector capital in support of the UN Sustainable Development Goals (SDGs) and the Paris Agreement, this document explore the progress to date from the perspective of private sector banks and focus, among others, on how banks choose to align their operations with the SDGs and the nature of the relationship that banks have with DFIs.
Author: Christopher A. McHugh, University of Southampton
The policy brief sets the context to explore how National Development Banks (NDBs) can be leveraged to finance climate smart urban infrastructure, and builds its main findings and recommendations on the main conclusions from the Cities Climate Finance Leadership Alliance (the Alliance). The policy brief on Enhancing the Role of National Development Banks in Supporting Climate-Smart Urban Infrastructure is commissioned by FELICITY and developed in partnership with the Alliance.
Author: IFCL and Climate Policy Initiative/Alliance Secretariat
The paper reviews the available literature on financing water and sanitation services, arguing that existing sources of investment – private water companies, private banks and official development finance – are simply not happening at the scale or pace required and are unlikely to do so in the near future.
Author: David A. McDonalds, Thomas Marois, Susan Spronk
The report provides a comprehensive assessment of the state of sustainable finance. It brings together a wide range of expertise and perspectives, putting forward a set of policy recommendations to mobilize financing flows, and align them with economic, social and environmental priorities. The recommendations outlined in the report should assist Member States and all other stakeholders as they work toward fully implementing the Addis Ababa Action Agenda and achieve the SDGs.
Author: United Nations (Inter-agency task force on Financing for Development)
The report seeks to inform and anchor the discussion by providing the most up-to-date analysis of DFI and MDB investment and the private finance this investment has mobilised in developing countries since 2013. It examines in detail the investment portfolios of 12 DFIs and MDBs which together mobilised more than 70% of the private finance reported to the OECD for 2017–2018.