A Guide to the GDI Special Fund
The GDI Special Fund (hereafter referred to as GDISF) is a special-purpose fund set up by China Development Bank (hereafter referred to as CDB) in fulfillment of the Memorandum of Cooperation on Jointly Promoting the Implementation of GDI between CDB and China International Development Cooperation Agency (hereafter referred to as CIDCA). GDISF is dedicated to finance projects in the Global Development Projects Pool, which will bolster the sustainable development of developing countries, enhance their capacity to deliver 2030 United Nations Agenda for Sustainable Development, and produce win-win results through international cooperation.
Amount
5 billion USD equivalent
Principles and approaches
Development-oriented. GDISF is one of the practical measures introduced by the Chinese government to promote international development cooperation, provide financing to the prioritized areas of GDI, and support socio-economic development and people's well-being in partner countries.
Market-oriented. GDISF is operated in a market-oriented and commercial manner. As per its lending and investment policies, CDB selects projects by evaluating, among others, economic and technical feasibility, social impact and potential risks.
Flexibility and diversity. GDISF can be delivered in flexible ways and by partnering with diverse stakeholders, including but not limited to co-financing, loan syndication, and a blend of official development assistance, loan and investment. The cooperation starts at the project level, from planning to construction. Co-financiers include but are not limited to the Chinese government, Chinese financial institutions, foreign governments and related entities, international financial institutions, multilateral development banks, international organizations, and investment funds.
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