The Multilateral Cooperation Center for Development Finance (MCDF) is a multilateral financial mechanism designed to promote high-quality infrastructure and connectivity investments in developing countries through partnerships.
The MCDF provides grants and technical assistance to developing countries and its partners to foster sustainable growth in cross-border connectivity infrastructure. Through information sharing, capacity building, and project preparation for connectivity infrastructure, the MCDF promotes the application of standards set by International Financial Institutions (IFIs) in key policy areas such as debt sustainability, environmental and social standards, investments in non-fossil fuels and clean energy, combating corruption and fraud, public procurement, transparency, and information disclosure.
MCDF grants must be requested and routed through implementation partners, which are IFIs accredited by the MCDF. These implementation partners are expected to work closely with new partners, including other financial entities that may not yet apply IFI standards. MCDF activities are developed and implemented through its collaboration platform and funding mechanism.
Current implementation partners of the MCDF include:
- Asian Infrastructure Investment Bank
- African Development Bank
- Development Bank of Latin America and the Caribbean
- African Finance Corporation
- International Fund for Agricultural Development
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