A. M. Multilateral Development Bank (MDB) leaders met in Paris on a key day to strengthen their joint action on global development priorities. The meeting, organized by the Council of Europe Development Bank (CEB), focused on moving forward with greater impact and scale towards goals such as job creation, water security and digital transformation.
During the meeting, the implementation of the G20 Roadmap that drives reforms to make MDBs larger, more efficient and coordinated was highlighted. These actions will mobilize more than US$650 billion in development lending over the next decade, an unprecedented figure that opens up new possibilities for low-, middle- and high-income countries.
One of the most celebrated advances was the signing of five mutual trust agreements in 2025, which has facilitated the implementation of co-financed projects between institutions. In addition, leaders reaffirmed their commitment to strengthening private investment, especially through local currency lending and exchange rate solutions to mitigate risks in emerging markets.
In terms of social impact, the MDBs reaffirmed their support for major initiatives such as Mission 300 in Africa, the ASEAN Power Grid in Asia and the Digital Education Transformation in Latin America and the Caribbean. These actions seek to improve access to electricity, digital education, and energy security for more than 1 billion people.
The banks also agreed to expand investments in social infrastructure such as health, education, housing and drinking water, crucial areas for fostering inclusive growth and job creation. Ahead of the Financing for Development Conference (FfD4) in Seville, the first “Joint Annual Report on Financing for Water Security” will be launched, reaffirming the commitment to sustainable human development.
With an ambitious agenda and increasingly structured collaboration, the MDBs are moving decisively from vision to implementation. Their renewed systemic approach, increased financial capacity and new risk management tools reinforce their role as key actors for a more just, resilient, and transformative global development.
