International Development Finance Club (IDFC)

General

Name of initiative International Development Finance Club (IDFC)
LPAA initiative No
NAZCA Initiative No
Website address https://www.idfc.org
Related initiatives
Starting year 2011
End year
Secretariat IDFC Secretariat, KfW, Palmengartenstraße 5-9, 60325 Frankfurt, Germany, e-mail: sebastian.spannenberg@kfw.de
Organisational structure International Development Finance Club (IDFC) is an association of like-minded development banks. It has a distinct legal personality, yet membership carries no legally binding obligations, other than those expressly foreseen in the IDFC Charter. The Annual Meeting of all members appoints a Secretariat, which is funded by the organisation of the Chairperson. Sherpas are the contact person of each member for the Secretariat. The annual meeting can appoint working groups.
Geographical coverage Global
Name of lead organisation International Development Finance Club (IDFC)
Type of lead organisation Network/Consortium/Partnership
Location/Nationality of lead organisation Germany

Description

Description The Members of the International Development Finance Club (IDFC) share a similar background and a similar view of their role in the world. IDFC unites global expertise and innovation with in-

depth local know-how and total assets of more than 2.1 trillion USD.

Objectives The IDFC focuses on the financing of environmentally friendly (green) infrastructure and social development. IDFC continuously improves its green finance tracking methodology and works with other parties to further develop international best practice standards. IDFC is committed to help enhance its members' capacity to track and report on their green finance flows.

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

Activities 99 billion USD of new green finance in 2013.

Total climate finance commitments of 87 billion USD in 2013.

One or two success stories achieved

Monitoring and Impacts

Function of initiative Technical dialogue, Capacity building, Funding
Activity of initiative Financing, Knowledge dissemination and exchange, Training and education
Indicators
Goals
Comments on indicators and goals
How will goals be achieved
Have you changed or strenghtened your goals
Progress towards the goals
How are you tracking progress of your initiative
Available reporting

Participants

Participants Number Names
Members 25  
Companies 0
Business organisations 0
Research and educational organisations 0
Non-governmental organisations 0
National states 0
Governmental actors 0
Regional / state / county actors 0
City / municipal actors 0
Intergovernmental organisations 0
Financial Institutions 25 Black Sea Trade and Development Bank (Greece),  Agence Française de Développement (France),  Croatian Bank for Reconstruction and Development (Croatia),  KfW Bankengruppe (Germany),  Cassa depositi e prestiti (Croatia),  State Development Corporation VEB.RF (Russia),  Industrial Development Bank of Turkey (Turkey),  Vnesheconombank (Netherlands),  Central American Bank for Economic Integration - BCIE/CABEI (Honduras),  Nacional Financiera - NAFIN (Mexico),  Development Bank of Latin America -CAF (Venezuela),  Bancoldex S.A. (Colombia),  Corporación Financiera de Desarrollo S.A. - COFIDE (Peru),  Banco Nacional de Desenvolvimento Econômico e Social - BNDES (Brazil),  Banco Estado (Chile),  Caisse de Dépôt et de Gestion (Morocco),  Development Bank of Southern Africa (South Africa),  Banque Ouest Africaine de Développement (Togo),  Burundi/Eastern and Southern Africa and Regional Offices (Burundi),  Small Industries Development Bank of India (India),  PT Sarana Multi Infrastruktur (Indonesia),  China Development Bank (China),  Islamic Corporation for the Development of the Private Sector (Saudi Arabia),  The Korea Development Bank - KDB (South Korea),  Japan International Cooperation Agency - JICA (Japan).
Faith based organisations 0
Other members 0
Supporting partners 0
Number of members in the years
2018
23
2020
25
Have only national states as participators No


Theme

Transport Agriculture Forestry Business Financial institutions Buildings Industry Waste Cities and subnational governments Short Term Pollutants International maritime transport Energy Supply Fluorinated gases Energy efficiency Renewable energy Supply chain emission reductions Adaptation Other Resilience Innovation Energy Access and Efficiency Private Finance
No No No No Yes No No No No No No No No No No No No No No No No No
Last update: 4 August 2020 13:41:57

Not only have national states as participators