At Spring Meetings, DFC Collaborates with Government and Private Sector Leaders to Advance Development and Foreign Policy Priorities

Media Release

 

DFC leadership advanced partnerships with key collaborators on strategic priorities, including driving private sector investment in Ukraine

 

WASHINGTON – U.S. International Development Finance Corporation (DFC) Chief Executive Officer (CEO) Scott Nathan and DFC’s leadership team engaged with government officials, private sector leaders, and leadership from multilateral institutions on the sidelines of the Spring Meetings of the World Bank Group and International Monetary Fund. DFC’s engagements focused on private sector-led opportunities in emerging markets where the organization's financing tools have developmental and foreign policy impacts.

Throughout the week, DFC leadership underscored the organization’s commitment to investing in Ukraine now and for the long-term. On April 12, CEO Nathan, USAID Administrator Samantha Power, and Ukrainian Prime Minister Denys Shmyhal signed a Memorandum of Understanding (MOU) to support the Government of Ukraine by advancing ongoing efforts to help address the country’s urgent development and economic recovery priorities. On April 13, CEO Nathan joined the U.S. Chamber of Commerce’s U.S.-Ukraine Partnership Forum to discuss the efforts DFC is taking to invest in Ukraine today and to mobilize additional private sector capital to Ukraine’s economy for the long-term. Among other Ukraine focused events and meetings, DFC also convened a meeting with the leaders of the G7 development finance institutions to discuss ways to advance cooperation efforts to support Ukraine and its people.

Building on its transatlantic partnerships, DFC and the European Investment Bank signed a MOU on April 13 focused on identifying and supporting new investments globally, with a focus on key sectors including energy security, information and communications technology, and health services and infrastructure.

Throughout the week, the CEO met with senior officials from partner countries across the world, including the Democratic Republic of the Congo, Ecuador, France, Indonesia, the Philippines, Poland, Ukraine, and more. These meetings helped advance strategic investments in foreign policy and economic development priorities. Additionally, senior members of DFC’s leadership team met with business leaders throughout the week to foster relationships with private sector partners on developmental and strategic priority sectors including food security, health, energy security and access, financial inclusion, infrastructure, and more.

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The U.S. International Development Finance Corporation (DFC) partners with the private sector to finance solutions to the most critical challenges facing the developing world today. We invest across sectors including energy, healthcare, critical infrastructure, and technology. DFC also provides financing for small businesses and women entrepreneurs in order to create jobs in emerging markets. DFC investments adhere to high standards and respect the environment, human rights, and worker rights.