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CDC–ODI webinar series on development finance institutions and the Covid-19 crisis

Meeting/conference reports

Written by Matthew Gouett, Samantha Attridge

With a shared goal to support the economic stability and growth of developing countries, development finance institutions (DFIs) are uniquely placed to respond to the Covid-19 crisis and support developing countries who are grappling with a significant decrease in foreign direct investment, severely disrupted trade flows and supply chains and substantial financial shortfalls.

CDC Group, in partnership with ODI and the Association of European Development Finance Institutions (EDFI), held three virtual sessions in 2020 to share their experiences and learning on how the Covid-19 crisis is impacting private investment in developing countries, and how DFIs as institutions have responded. The sessions focused on: (1) supporting job protection; (2) investing in healthcare; and (3) developing financing solutions to address the crushing effect of the crisis on private development finance. This report summarises these discussions and the key takeaways.