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<TitleText textcase="01">Public Development Banks: A Reference Book</TitleText> 
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<Text textformat="02" language="eng">&#60;p&#62;Development banks are key players in fostering economic growth and&#60;br /&#62;
sustainable development, including through the financing long-term&#60;br /&#62;
projects with large developmental impacts underserved by the private&#60;br /&#62;
sector and through the provision of countercyclical support during&#60;br /&#62;
crises. They are receiving renewed attention by policy makers and new&#60;br /&#62;
institutions have been created in the last two decades.&#60;/p&#62;
&#60;p&#62;&#60;br /&#62;
This book consolidates information on public development banks,&#60;br /&#62;
exploring what characteristics support their effectiveness and their role&#60;br /&#62;
in financing sustainable development. It emphasizes the importance of&#60;br /&#62;
maintaining profitability, strong governance, risk management, effective&#60;br /&#62;
monitoring and evaluation systems, and cooperation for maximizing&#60;br /&#62;
impact. Development banks address market failures and catalyze private&#60;br /&#62;
sector finance, generating "additionality" through impactful projects.&#60;/p&#62;
&#60;p&#62;&#60;br /&#62;
The book builds on the Finance in Common System (FiCS) a global&#60;br /&#62;
initiative conceived to promote stronger collaboration among development&#60;br /&#62;
banks to boost and align financial flows to the benefit of the SDGs.&#60;/p&#62;
&#60;p&#62;&#60;/p&#62;
&#60;p&#62;"A new era for public development banks."&#60;br /&#62;
&#60;i&#62;Joseph Stigliz&#60;/i&#62;, Nobel Prize in Economics&#60;/p&#62;
&#60;p&#62;&#60;br /&#62;
&#8220;An essential resource for those seeking to better&#60;br /&#62;
understand and harness the transformative power&#60;br /&#62;
of public development banks.&#8221;&#60;br /&#62;
&#60;i&#62;Li Junhua&#60;/i&#62;, Under-Secretary-General of UNDESA&#60;/p&#62;
&#60;p&#62;&#60;br /&#62;
&#8220;PDBs provide a unique service: they bridge governments&#60;br /&#62;
and the private sector, translating national and international&#60;br /&#62;
policies into local solutions.&#8221;&#60;br /&#62;
&#60;i&#62;Rémy Rioux&#60;/i&#62;, Chairman of FiCS and CEO of Agence Française&#60;br /&#62;
de Développement (AFD)&#60;/p&#62;</Text>
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<Text language="eng">A perfect summary of lessons learned from decades of financing development .</Text>
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<Text textformat="02">&#60;p&#62;Chapter 1: Key features&#60;br /&#62;
Chapter 2: The universe of public development banks&#60;br /&#62;
Chapter 3: Business models&#60;br /&#62;
Chapter 4: Supporting the sustainable development goals&#60;br /&#62;
Chapter 5: Partnerships and cooperation&#60;/p&#62;</Text>
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