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CO-FINANCING

Co-Financing with MDBs

The EDCF is raising the level of co-financing with the MDBs (Multilateral Development Banks) to meet the recipient countries’ growing demand for large-scale development projects. EDCF co-financing refers to any arrangements under which EDCF funds are associated with funds provided by the MDBs for a particular project or program.

  • Co-financing with the MDBs has following advantages :
    • Enhances, together with the MDBs, the impact of development assistance to the recipient countries
    • Bridges the financing gap of large-scale development projects
    • Enhances donor coordination and harmonization
    • Reduces time and cost for project identification, formulation, and preparation
    • Enables better project implementation review and completion monitoring