The World Bank Group will discuss its new approach to development finance, called “Maximizing Finance for Development” (MFD), and how it will help to meet the financing needs for the 2030 Agenda. MFD entails leveraging the private sector in ways that optimize the use of scarce public resources. It is part of the multilateral development banks' (MDBs) commitment to collectively increase private financing mobilized by 25-35% over the next three years (the Hamburg Principles). The briefing will include real-world examples and extract some early lessons. Speakers will include: Miroslav Lajcak, UNGA President; Mahmoud Mohieldin, World Bank; Hartwig Schafer, World Bank; Hans Peter Lankes, IFC; Merli Baroudi, MIGA; Courtenay Rattray, Permanent Representative of Jamaica; and Sima Sami Bahous, Permanent Representative of Jordan. The event will not be webcast.
date: 22 February 2018
time: 1:15 pm
venue: UN Headquarters, Conference Room 2
location: New York City, US
contact: Punjanit Leagnavar, World Bank