Development funding is shifting. As donor governments reduce funding, the spotlight is now increasingly directed towards multilateral development banks, or MDBs.
MDBs are development funding institutions with the common goal of improving the lives of their members through investments. The most well-known MDB is the World Bank, but there are also many others that have a significant amount of resources available.
In an exclusive report for our Pro readers, Devex has provided a deep dive into the biggest MDBs as well as a brief summary of many of the smaller regional development banks.