Webinar 3: How COVID-19 Calls for an Alliance for Financing
Date: Monday, June 29, 9am–10:15am (Eastern Daylight Time); 3pm–4:15pm (Central European Summer Time)
Description: In its Communication on the global response the pandemic, the EU announces that the mobilisation of €15.6 billion from existing external actions will allow its action to be “fast, adapted, and operational.” Blended finance and guarantee funds should play a significant role in the Team Europe response, as they will allow to leverage new financial resources. The European Investment Bank will contribute €5.2 billion to the EU response to COVID-19 outside the EU.
The Development Finance Institutions (DFI) Alliance announced efforts to mobilize financial resources and bring technical expertise to private sector enterprises in emerging and frontier markets. This webinar will bring together development specialists, DFIs, and financial tech firms, to explore and compare instruments and mechanisms implemented by EU Member states and international donors.
Speakers:
- Facilitator: San Bilal, Head of Programme Trade, Investment and Finance, ECDPM
- Catherine Collin, Head of Regional Representation, East Africa, EIB
- Soren Andreasen, General Manager, European Development Finance Institutions (EDFI)
- Tillman Bruett, Global Practice Lead, Financial Services and Investment, DAI
The webinars will be recorded and remain available on DAI’s and ECDPM’s websites. REGISTER HERE
Recording:
Supporting Documents and Links:
- Towards an EU global COVID-19 response 2.0: Boosting smarter finance , ECDPM Discussion Paper, June 2020
- Saving Africa’s private sector jobs during the coronavirus pandemic, ECDPM, ODI, Re-Define, UNECA paper, April 2020
- A call for action to European governments and their Development Finance Institutions—Saving jobs in Africa, by leading personalities, EDFI May 2020
- ECDPM, June 2020
- DAI and Investment
- UNCTAD report, May 2020
- Center for Global Development, May 2020
- DEVEX, June 2020