News

  • New Report Finds International Finance Institutions Critical for Job Creation in Emerging Markets

  • 23.09.2011
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    A new report finds that international finance institutions play a key role in catalyzing job creation and growth through the private sector in emerging markets, particularly as governments face increased pressure on public resources.The report, International Finance Institutions and Development through the Private Sector, was launched during the World Bank-IMF Annual Meetings. It was produced by 31 international finance institutions (IFIs). The private sector is recognized as a critical stakeholder and partner in economic development, a provider of income, jobs, goods, and services to enhance people's lives and help them escape poverty. Multilateral development banks and bilateral development finance institutions (together in this report called International Finance Institutions, or IFIs) play a significant role in supporting the private sector in developing countries. They provide critical capital, knowledge and partnerships, help manage risks, and catalyze the participation of others. They support the kind of entrepreneurial initiatives that help developing countries achieve sustainable economic growth. Yet the important development contributions that IFIs make when engaging with the private sector in developing economies are often not clear or adequately communicated to stakeholders and the public. It is the aim of this report to help bridge that gap to increase the information and understanding about both the value of the private sector in development, and the role of international development finance institutions in supporting development through the private sector.

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  • Grand-Place Vietnam: an example of vertical integration

  • 21.01.2011
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    The first « Single Origin Made in Vietnam » chocolate Grand-Place Vietnam (GPV), a company funded by BIO, is about to market the first chocolate made entirely in Vietnam, from the cultivation of the cocoa to the final product. GPV is to date the first producer in this country to integrate the cocoa sector with its production. The use of cocoa cultivated locally will replace the importation of raw materials required for the chocolate-making process. It will also enable GPV to bring down its ecological footprint and to maintain full control of quality at all the production stages.

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  • The Growing Role of the Development Finance Institutions in International Development Policy

  • 17.11.2010
  • As contribution to the discussion about the bilateral DFI's involvement in private sector development, the EDFI members have in July 2010 launched a new consultancy report as a follow-up to the report of the Nordic DFIs, published in Stockholm in October 2009. The new report covers the activities of all 15 EDFI members. For more information, download the full report here.

  • BIO confirms pledge for renewable energies/clean development

  • 07.07.2010
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    A USD 5 million equity investment in the Mekong Brahmaputra Clean Development Fund (MBCDF). BIO has committed USD 5 million to the first Asian regional fund dedicated to investing in renewable energy, water and waste management in South East Asia. The fund is managed by Dragon Capital, a well-known asset manager in the region. With this second investment in renewable energy/clean development in Asia, BIO confirms its pledge to provide support to developing and emerging countries in their fight against climate change.

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