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		<TitleText textcase="01">Public Development Banks: A Reference Book</TitleText>
		
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		<PersonName>Régis Marodon</PersonName> 
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	<AudienceDescription>Professionnels du domaine de la  finance, des banques</AudienceDescription> 
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		<Text language="eng" textformat="02">&lt;p&gt;Development banks are key players in fostering economic growth and&lt;br /&gt;
sustainable development, including through the financing long-term&lt;br /&gt;
projects with large developmental impacts underserved by the private&lt;br /&gt;
sector and through the provision of countercyclical support during&lt;br /&gt;
crises. They are receiving renewed attention by policy makers and new&lt;br /&gt;
institutions have been created in the last two decades.&lt;/p&gt;

&lt;p&gt;&lt;br /&gt;
This book consolidates information on public development banks,&lt;br /&gt;
exploring what characteristics support their effectiveness and their role&lt;br /&gt;
in financing sustainable development. It emphasizes the importance of&lt;br /&gt;
maintaining profitability, strong governance, risk management, effective&lt;br /&gt;
monitoring and evaluation systems, and cooperation for maximizing&lt;br /&gt;
impact. Development banks address market failures and catalyze private&lt;br /&gt;
sector finance, generating "additionality" through impactful projects.&lt;/p&gt;

&lt;p&gt;&lt;br /&gt;
The book builds on the Finance in Common System (FiCS) a global&lt;br /&gt;
initiative conceived to promote stronger collaboration among development&lt;br /&gt;
banks to boost and align financial flows to the benefit of the SDGs.&lt;/p&gt;

&lt;p&gt;&lt;/p&gt;

&lt;p&gt;"A new era for public development banks."&lt;br /&gt;
&lt;i&gt;Joseph Stigliz&lt;/i&gt;, Nobel Prize in Economics&lt;/p&gt;

&lt;p&gt;&lt;br /&gt;
“An essential resource for those seeking to better&lt;br /&gt;
understand and harness the transformative power&lt;br /&gt;
of public development banks.”&lt;br /&gt;
&lt;i&gt;Li Junhua&lt;/i&gt;, Under-Secretary-General of UNDESA&lt;/p&gt;

&lt;p&gt;&lt;br /&gt;
“PDBs provide a unique service: they bridge governments&lt;br /&gt;
and the private sector, translating national and international&lt;br /&gt;
policies into local solutions.”&lt;br /&gt;
&lt;i&gt;Rémy Rioux&lt;/i&gt;, Chairman of FiCS and CEO of Agence Française&lt;br /&gt;
de Développement (AFD)&lt;/p&gt;</Text>
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		<TextTypeCode>03</TextTypeCode>
		<Text language="eng" textformat="02">&lt;p&gt;Development banks are key players in fostering economic growth and&lt;br /&gt;
sustainable development, including through the financing long-term&lt;br /&gt;
projects with large developmental impacts underserved by the private&lt;br /&gt;
sector and through the provision of countercyclical support during&lt;br /&gt;
crises. They are receiving renewed attention by policy makers and new&lt;br /&gt;
institutions have been created in the last two decades.&lt;/p&gt;

&lt;p&gt;&lt;br /&gt;
This book consolidates information on public development banks,&lt;br /&gt;
exploring what characteristics support their effectiveness and their role&lt;br /&gt;
in financing sustainable development. It emphasizes the importance of&lt;br /&gt;
maintaining profitability, strong governance, risk management, effective&lt;br /&gt;
monitoring and evaluation systems, and cooperation for maximizing&lt;br /&gt;
impact. Development banks address market failures and catalyze private&lt;br /&gt;
sector finance, generating "additionality" through impactful projects.&lt;/p&gt;

&lt;p&gt;&lt;br /&gt;
The book builds on the Finance in Common System (FiCS) a global&lt;br /&gt;
initiative conceived to promote stronger collaboration among development&lt;br /&gt;
banks to boost and align financial flows to the benefit of the SDGs.&lt;/p&gt;

&lt;p&gt;&lt;/p&gt;

&lt;p&gt;"A new era for public development banks."&lt;br /&gt;
&lt;i&gt;Joseph Stigliz&lt;/i&gt;, Nobel Prize in Economics&lt;/p&gt;

&lt;p&gt;&lt;br /&gt;
“An essential resource for those seeking to better&lt;br /&gt;
understand and harness the transformative power&lt;br /&gt;
of public development banks.”&lt;br /&gt;
&lt;i&gt;Li Junhua&lt;/i&gt;, Under-Secretary-General of UNDESA&lt;/p&gt;

&lt;p&gt;&lt;br /&gt;
“PDBs provide a unique service: they bridge governments&lt;br /&gt;
and the private sector, translating national and international&lt;br /&gt;
policies into local solutions.”&lt;br /&gt;
&lt;i&gt;Rémy Rioux&lt;/i&gt;, Chairman of FiCS and CEO of Agence Française&lt;br /&gt;
de Développement (AFD)&lt;/p&gt;</Text>
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		<Text language="eng">A perfect summary of lessons learned from decades of financing development .</Text>
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		<TextTypeCode>04</TextTypeCode>
		<Text textformat="02">&lt;p&gt;Chapter 1: Key features&lt;br /&gt;
Chapter 2: The universe of public development banks&lt;br /&gt;
Chapter 3: Business models&lt;br /&gt;
Chapter 4: Supporting the sustainable development goals&lt;br /&gt;
Chapter 5: Partnerships and cooperation&lt;/p&gt;</Text>
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