G20 leaders ask MDBs to leverage private capital to make maximum development impact

G20 leaders have called on multilateral development banks (MDBs) to leverage private capital through innovative financing models and new partnerships to have a greater development impact. They also endorsed a roadmap for implementing the recommendations of the G20 Independent Review of MDBs Capital Adequacy Frameworks (CAFs) and urged comprehensive efforts to evolve the vision, incentive structures, operational approaches, and financial capacities of MDBs.

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