Eight principles for the DFI crisis response

“Multilateral and bilateral development finance institutions (DFIs) that fund the private sector are strongly signaling their willingness to step up to the challenge of the COVID-19 pandemic. The International Finance Corporation (IFC) has pledged $8 billion in emergency support to the private sector. Shareholders of the European Bank for Reconstruction and Development (EBRD) have approved a solidarity package of €1 billion as an initial allocation… But deciding how best to deploy DFI resources will not be easy or simple.”