IDFC

The Members of the International Development Finance Club (IDFC) share a similar background and a similar view of their role in the world. The Members have agreed on key principles, which characterize their actions both as individual development banks and as a cooperative association:We are like-minded development banks of national and sub-regional origin. We operate within the framework of development policies of our respective countries, assisting our respective governments in fulfilling their national and international commitments and within the framework set forth by our constitutive documents. We do so by acting inter alia as financier, advisor, partner and implementer to mobilize finance and expertise for development projects in emerging and developing countries. We share a long history of collaboration; we have built trust and we aim at further enhancing our relationship. We share a similar vision of development strategies to be pursued inter alia to support sustainable improvements in economic, environmental, social and human development. We have a similar understanding about the global challenges facing all of us. The Members of the IDFC represent decades of work in the field of global development. Our mission reflects and conveys our experience, our hope, our commitment and our belief in a better life for everyone. We believe that in our changing world there is an increasing role for national and sub-regional development banks. We assert that like-minded development banks should collaborate to face global challenges. By joining our forces (funding capacities, local and international experience, market and product know-how), we aim to complement each other's needs and objectives.