scholarly journals International Financial Institutions Ask to Contribute to Climate Protection

2021 ◽  
Vol 25 (4) ◽  
pp. 6-23
Author(s):  
G. Ahamer
Keyword(s):  
Financial Institutions ◽  
National Development ◽  
Climate Protection ◽  
International Financial Institutions ◽  
Development Bank ◽  
Investment Bank ◽  
German Development ◽  
Project Cycle ◽  
Eu Project ◽  
European Investment

The aim of this article is to show in which way international financial institutions (IFIs) can contribute to climate protection projects. The principles of IFIs’ project cycles are explained in the context of the new blending tool. The cooperation with other donors stands in the centre of EU project funding and the notion of leveraging allows to quantify the cooperative effect among different donors. The bulk of this article describes the most relevant IFIs and national development banks with an international focus: Green Climate Fund (GCF), European Investment Bank (EIB), European Bank for Reconstruction and Development (EBRD), French Development Agency (AFD), German Development Bank (KfW), World Bank (WB), Asian Development Bank (ADB), and the Asian Infrastructure Investment Bank (AIIB). For all these IFIs, descriptions are provided and their main fields of actions identified. The procedure of application (the “project cycle”) is illustrated and an overview of their strategies is given. Thus, this article seeks to provide practical guidance on how to cooperate with IFIs and to direct funds into substantially valid and responsible climate projects.

European international financial organizations are investors in the real sector of Ukraine’s economy

2021 ◽  
Vol 2021 (11) ◽  
pp. 74-87
Author(s):  
Viktoriia KOLOSOVA ◽  
Keyword(s):  
Real Sector ◽  
International Financial Institutions ◽  
Investment Bank ◽  
Public And Private ◽  
European Investment Bank ◽  
Investment Projects ◽  
The Public ◽  
European Bank ◽  
Close Cooperation ◽  
European Investment

The article highlights the historical aspects of Ukraine's cooperation with two international financial institutions, which provide Ukraine with significant credit resources: the European Bank for Reconstruction and Development and the European Investment Bank. The structure of these institutions, the purpose of their work, means and methods of achieving the goals defined in the statutory documents were considered. The cooperation of Ukraine with the European Bank for Reconstruction and Development and the European Investment Bank on the implementation of investment projects in the public and private sectors was studied, the peculiarities of the project implementation were analysed and the factors that impact low disbursement were investigated. Attention is drawn to the importance of using investments from international financial organizations in full and the importance of further close cooperation with institutions that provide credit resources to Ukraine in periods when the state does not actively cooperate with the IMF. Generalised suggestions for improving Ukraine's cooperation with the European Bank for Reconstruction and Development and the European Investment Bank were prepared, separately for each bank, the steps that need to be taken to increase the disbursement of loans for investment projects implemented in Ukraine with international financial organizations were listed.

Nepal - Assessment Letter for the Asian Development Bank

Policy Papers ◽  
2009 ◽  
Vol 09 ◽  
Author(s):  
Keyword(s):  
World Bank ◽  
Financial Institutions ◽  
Asian Development Bank ◽  
International Financial Institutions ◽  
Development Bank ◽  
Asian Development ◽  
The World Bank ◽  
Emergency Assistance ◽  
The World

Assessment Letters or Statements may be prepared for member countries with Fund-supported programs; receiving Fund emergency assistance; with staff-monitored programs; or surveillance-only cases. They are typically produced for use by the country with multilateral or bilateral donors or creditors, in particular the World Bank and other International Financial Institutions.

scholarly journals How Can Small States Like Iceland Work Effectively With International Financial Institutions?

2010 ◽  
Vol 5 (1) ◽  
Author(s):  
Hilmar Þór Hilmarsson
Keyword(s):  
Private Sector ◽  
Financial Institutions ◽  
Emerging Market ◽  
Small States ◽  
Emerging Market Economies ◽  
World Bank Group ◽  
International Financial Institutions ◽  
Policy Reforms ◽  
Development Bank ◽  
Market Economies

Conducting a constructive relationship with international financial institutions (IFIs) can be a challenge for small states like Iceland. Iceland is a member of the World Bank Group and the European Bank for Reconstruction and Development, but not a member of the regional development banks, i.e.: the Asian Development Bank, the Inter-American Development Bank and the African Development Bank. IFIs work both with the governments of emerging market economies in formulating and supporting policy reforms as well as with the private sector as private sector lead projects can help boost economic reconstruction in emerging markets. But can small states work effectively in partnership with IFIs? This article will discuss the challenges faced by small states in working with IFIs both when supporting government reforms in emerging market economies as well as when promoting private sector activities and investment in those economies.

Regional Development Banks and the Promotion of Public-Private Partnerships

2021 ◽  
pp. 283-310
Author(s):  
David Howarth ◽  
Moritz Liebe
Keyword(s):  
Regional Development ◽  
National Development ◽  
Investment Bank ◽  
Institutional Goals ◽  
Policy Window ◽  
The United Kingdom ◽  
The World ◽  
Development Banks ◽  
European Investment ◽  
Regional Development Banks

The European Investment Bank (EIB) has been at the vanguard of public-private partnership (PPP) promotion and has been followed by most regional development banks (RDB) and many national development banks around the world. EIB activism on the promotion of PPPs can best be understood through the lenses of policy and norm entrepreneurship. Operating strategically, the EIB repeatedly created a ‘policy window’ through which to promote PPPs in different contexts. The EIB developed unrivalled PPP expertise among public bodies globally—with the possible exception of the United Kingdom Treasury. While the EIB was potentially motivated by ‘rationalist’ institutional goals, ideational considerations motivated a small group of British and Irish norm entrepreneurs to promote PPPs. The EIB promoted PPP usage to other RDB through the sharing of expertise and the joint financing of projects.

Bangladesh - Assessment Letter for the Asian Development Bank

Policy Papers ◽  
2009 ◽  
Vol 09 ◽  
Author(s):  
Keyword(s):  
World Bank ◽  
Financial Institutions ◽  
Asian Development Bank ◽  
International Financial Institutions ◽  
Development Bank ◽  
Asian Development ◽  
The World Bank ◽  
Emergency Assistance ◽  
The World

Assessment Letters or Statements may be prepared for member countries with Fund-supported programs; receiving Fund emergency assistance; with staff-monitored programs; or surveillance-only cases. They are typically produced for use by the country with multilateral or bilateral donors or creditors, in particular the World Bank and other International Financial Institutions.

scholarly journals New Global Financial Order and Promotion of Asian Infrastructural Investment Bank (AIIB): Opportunities and Challenges for Africa

2016 ◽  
Vol 4 (1) ◽  
pp. 118 ◽  
Author(s):  
Jacob Olufemi Fatile ◽  
I. S. Afegbua ◽  
G. L. Ejalonibu
Keyword(s):  
Developing Countries ◽  
Financial Institutions ◽  
Model Development ◽  
The United States ◽  
Specific Reference ◽  
International Financial Institutions ◽  
African Countries ◽  
Investment Bank ◽  
Need Support ◽  
Financing Gap

The main objective of this paper is to examine the effect of Asian Infrastructure Investment Bank (AIIB) on infrastructural development in developing countries with specific reference to Africa. The paper argues that availability of infrastructure has become one of the major problems in the process of economic development generally in the Global South. Given the need for hugecapital infrastructure in the region and thepresence of the financing gap in infrastructure financing, China initiated the establishment of the AIIB, therefore, heralding a new chapter in the international finance system. The study uses the “New Model Development Finance” lens to discuss Global Governance of Finance with a historical overview of GlobalFinancial Institutions such as the International Monetary Fund (IMF) and World Bank that have been in existence for close to seven decades. It identifies the majorchallenges which emerging economies have with existing international financial institutions as well as some opportunities and challenges for African countries. It observes that the establishment of AIIB is a major diplomatic victory for China and a foreign policy fiasco for the United States. It argues further that the new bank is a parallel project to the existing international financial institutions and may accidentally lead to a reform of the Bretton Woods system. The paper recommends among others that AIIB should find a way to work hand-in-hand with other existing Multilateral Development Banks (MDBs) since cooperation with such development agencies can engender positive image and goodwill for the new bank. It concludes that the establishment and development of AIIB need support from all over the world because AIIB is designed to provide financing methods for infrastructure in developing countries across the globe including African nations.

scholarly journals ools and Methodologies for Calculating Greenhouse Gas Emissions for FCDO Programme Planning

2021 ◽  
Author(s):  
Laura Bolton
Keyword(s):  
Financial Institution ◽  
Development Bank ◽  
Investment Bank ◽  
International Financial Institution ◽  
Investment Projects ◽  
Greenhouse Emissions ◽  
Balance Accuracy ◽  
Infrastructure Finance ◽  
European Investment ◽  
Sanitation Infrastructure

This report provides a review of the tools and methodologies for the calculation of greenhouse emissions for development projects in sectors such as water supply and sanitation, infrastructure, finance and governance sectors. The report undertakes a comparative analysis of the different tools and methodologies employed by different international financial institutions for the calculation of carbon footprinting for investment projects they finance. The institutions include; the Inter-America Development Bank, the International Financial Institution (IFI) Technical Working Group (TWG), the European Investment Bank, and the Asian Development Bank. The review notes that due to the varied nature of the tools and methodologies for calculation of greenhouse emissions in the financial sectors, there is a need to ensure that the methodologies employed adhere to the basic principles of completeness, consistency, transparency, conservativeness, balance, accuracy, and relevance.

scholarly journals МОДЕЛЬ БІЗНЕСУ НІМЕЦЬКОГО БАНКУ РОЗВИТКУ KFW

2020 ◽  
pp. 113-120
Author(s):  
Свистун А.О.
Keyword(s):  
National Development ◽  
Fundamental Principle ◽  
Market Mechanism ◽  
Development Bank ◽  
Economic Interests ◽  
German Development ◽  
National Economic ◽  
International Projects ◽  
Global Nature ◽  
Operations Account

An analysis of the German development bank’s business model indicates that KfW does not compete with commercial banks that are partners for it. That is, his business is based on the fundamental principle of subsidiarity. Thus, the National Development Bank helps to eliminate the shortcomings of the market mechanism, and among the priorities is the support of small and medium-sized businesses. Despite the global nature of its activities, 84% of the bank’s operations account for the national economy, and a significant part of international projects is aimed primarily at supporting the economic interests of the national producer. With very few exceptions, such as municipal financing, KfW does not interact with the client directly, but supports intermediary banks and assumes risks by offering financing that would not be available or at least not provided in the absence of such a development bank. conditions. KfW loans complement banks’ loan offers and make possible projects that would not have been implemented without this contribution. The example of Germany makes it clear what exactly should be an acceptable national development bank for Ukraine: such an institution has clear mandates, well managed to perform its functions, to achieve maximum impact on development, not profit, but providing a sufficient profit margin for investment attractiveness, coverage possible losses and expansion of operations. Such an institution is able to ensure the independence of national economic policy. (industrial, investment, infrastructure and financial inclusion). The key challenge is the ability of the national development bank to work effectively with private financial institutions and investors, regional and multilateral

scholarly journals INTERNAL SYSTEM OF LABOR DISPUTES SETTLEMENT WITHIN INTERNATIONAL FINANCIAL ORGANIZATIONS

2020 ◽  
Keyword(s):  
Financial Institutions ◽  
Working Environment ◽  
International Financial Institutions ◽  
Development Bank ◽  
Labor Disputes ◽  
Voluntary Attention ◽  
Effective Prevention ◽  
Work Related ◽  
Tier System ◽  
Administrative Review

The article analyzes provisions of the statutory and procedural acts (Statutes, Rules, Staff Manuals etc.) adopted within the international financial institutions (International Monetary Fund, World Bank, Inter-American Development Bank, Asian Development Bank, African Development Bank) regarding the settlement of disputes emerging between the staff and the administration. It is emphasized that dispute prevention and resolution is today attracting more and more attention, as the effective prevention and resolution of labour disputes is critical for sound and productive employment relations worldwide. It is noted that the internal justice systems of these financial institutions are aimed primarily at resolving work-related issues and claims in order to ensure a harmonious and respectful working environment. It has been established that the internal mechanism for resolving labor disputes has a two-tier system, which includes informal (Ombudsman, mediation service, etc.) and formal levels (administrative review, Administrative tribunals, etc.). It is paid attention to the fact that administrative tribunals serve as the independent judicial forums for the resolution of employment disputes arising between international financial organizations and their staff members and application may be filed only after the exhausting all available channels of administrative review. It is indicated that all the resolution of labor disputes within the informal level is operational confidential and voluntary. Attention is drawn to the fact that, unlike the United Nations, the administrative tribunals established in the system of international financial institutions are single-level, and their decisions are final and are not subject to further appeal. The relevant conclusions have been drawn.

China’s Strategic Adjustments

China Report ◽  
2017 ◽  
Vol 53 (3) ◽  
pp. 367-385 ◽  
Author(s):  
Nguyen Quang Thuan
Keyword(s):  
Financial Institutions ◽  
Global Economy ◽  
Negative Impact ◽  
Strong Impact ◽  
International Financial Institutions ◽  
Economic Dependence ◽  
Investment Bank ◽  
Economic Relations ◽  
Chinese Investment ◽  
Asean Member

After the eighteenth Congress of the Chinese Communist Party, China adjusted its diplomatic strategy and transformed its pattern of economic development. This has had and will continue to have both a positive and a negative impact on the international financial institutions and the regional and global economy. The ‘One Belt, One Road’ (OBOR) strategy, combined with the Asian Infrastructure Investment Bank (AIIB) and the internationalisation of the yuan, is the main focus, and exerts a strong impact on the existing international financial institutions as well as the economic relations between China and many other countries in the world. It has attracted many developed and developing countries to join the AIIB. It also has made many emerging economies become closely linked to China. Moreover, it contributes to the emergence of many ‘asymmetric’ pairs of economic relations between China and its neighbours. China is now connected with Europe through an overland route as well as through the boosting of economic, trade and investment ties between Asia and Europe. Furthermore, while Europe has been concerned about China’s unfair competition and the dependence on Chinese investment, ASEAN has increasingly deepened the mutual economic dependence between itself and Beijing. A negative outcome of this is the rising economic dependence on China of quite a few ASEAN member states, including Vietnam.

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