Following a first meeting of development bank CEOs in 2010, several participating institutions suggested formalizing
our cooperation. They confirmed the need for a regular exchange and decision forum on a CEO level that can help national and sub-regional
development banks strengthen their voice in an environment dominated by multilateral financing institutions.
The formalization of IDFC constitutes a deepening and extension of long existing business relationships between our members and
provides the chance to identify and develop future topics, markets and areas of cooperation. The network members will benefit from each
institution’s local depth and competency, thus providing the opportunity to better position national and sub-regional development banks
in global decision-making processes.
Objectives of the IDFC
The primary objectives of the International Development Finance Club reflect the accumulated experience of its Members and are the
first such attempt to define and address the major obstacles facing development finance today.
These objectives are thus primarily strategic in nature. They are designed less to radically alter the global agenda than to focus
it for greater cohesion and long-term benefit.
The IDFC objectives are:
- Agenda setting by joining forces and networking on issues of similar interest
- Identifying and developing joint business opportunities
- Sharing know-how and best practice experiences for mutual learning
The Members of the IDFC are committed to pooling their know-how and best practice experiences in strategic topics of mutual interest,
including climate finance, infrastructure finance, social development, poverty reduction, green banking and innovation finance.
These objectives further the vision and mission of the IDFC in providing a practical framework for our work program. Current and future issues
define the addressed work streams within our work program.