To face the global challenges of the COVID-19 pandemic, climate change, conflict, food insecurity, and poverty,
there are calls for more resources for multilateral development banks (MDBs) and development finance institutions
(DFIs). At the same time, there have been strong calls for reform of these development banks. These include efforts
to increase the ways in which DFIs can significantly mobilise the private sector as well as to manage their assets/
accounts to free up more capital for investments in development.

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