What are the core features of a model Public Development Bank?
Public Development Banks are in a unique and powerful position to play a key role in the post Covid-19 recovery. Explore the core features such organisations should embody.
Public development banks (PDBs) are state-owned financial institutions that aim to deliver on public policy objectives to support economic development in a country or region. This week, more than 400 PDBs, the governments that own them along with other key stakeholders from the public and private sectors, civil society, think tanks and academia will come together at the Finance in Common Summit (FiC) to discuss how to "do development better."
We believe PDBs are in a unique and powerful position to play a key role in the post Covid-19 recovery., however it is imperative that the 'right' type of finance flows through the 'right' type of institution.
In the graphic below, we set our blueprint for a model Public Development Bank, based around the four key pillars:
- Mandate and role
- Organisational strategy
- Financial sustainability
- Good governance
Click here to learn more about each pillar.