[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-111728-en":3,"doc-seo-111728-105":28,"detail-sidebar-cat-0-en-105":89},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":13,"seo_description":14,"update_tm":27,"read_time":11},111728,1099514067438,"River Wang","https://ap-avatar.wpscdn.com/avatar/100002539ee87300030?x-image-process=image/resize,m_fixed,w_180,h_180&k=1780474512215547542",8,"Research & Report","Statement by Carlo Monticelli - 112th Meeting of the Development Committee - October 16, 2025","Statement by Carlo Monticelli, Governor of the Council of Europe Development Bank, to the 112th Meeting of the Development Committee on October 16, 2025, in Washington, DC. The statement argues that multilateral development banks must act as a coordinated system to strengthen growth, jobs, and resilience amid mounting global pressures. It highlights intensified MDB collaboration following the G20, capital adequacy reforms enabling over US$650 billion in additional lending capacity, reliance agreements to speed project preparation, and progress in mobilizing private capital.","Public Disclosure Authorized Public Disclosure Authorized  \nDEVELOPMENT COMMITTEE  \n(Joint Ministerial Committee  \nof the  \nBoards of Governors ofthe Bank and the Fund  \non the  \nTransfer of Real Resources to Developing Countries)  \nONE HUNDRED AND TWELFTH MEETING WASHINGTON, DC – OCTOBER 16, 2025  \nDC/S/2025-0051 October 16, 2025  \nStatement by  \nCarlo Monticelli Governor  \nCouncil of Europe Development Bank  \nStatement by  \nCarlo Monticelli  \nGovernor  \nCouncil of Europe Development Bank  \n112th Meeting of the Development Committee  \nOctober 16, 2025  \nWashington, DC  \nThe world faces mounting pressures for stronger growth, more jobs and greater resilience—challenges that no Multilateral Development Bank (MDB) can confront alone. MDBs are responding with renewed determination by acting as a system.  \nWhile MDBs have always worked together, we have intensified our collaboration in recent years, spurred by the G20 and driven by the leadership of the Heads of MDBs Group, an informal forum bringing together the ten main MDBs.  \nIn 2024, the Group issued a joint Viewpoint Note, highlighting priority areas for action, which also informed the “G20 Roadmap toward Better, Bigger, and More Effective MDBs”. In 2025, with the Council of Europe Development Bank (CEB) as Chair, this collaboration has remained tight and delivered further tangible results.  \nReforms on Capital Adequacy Frameworks and innovations have given MDBs more headroom, bringing the total additional lending capacity for the next decade to over US$650 billion. MDBs have also signed a number of reliance agreements among themselves to reduce the administrative burden on clients and accelerate project preparation, so that resources move faster.  \nCollective efforts to mobilise additional private capital for development are also advancing. The Global Emerging Markets Risk Database is publishing more disaggregated credit risk statistics to help attract private sector investment.  \nIn September, MDBs released their first Comparison Report, which is invaluable for comparing their financial positions and, hence, provides enhanced transparency across institutions.  \nThe Development Committee’s paper, “Foundations for Growth and Jobs”, rightly emphasises that investing in health and education helps generate high-quality employment, boost productivity and unleash the potential of future generations. In the same vein, MDBs have just published a joint report, which underscores the fundamental importance of social infrastructure investment for jobs, growth and resilience, while highlighting each MDB’s contribution in their respective countries and regions of operation, as well as their collective efforts.  \nIn line with the focus of the Development Committee paper on investments that restore and preserve nature, MDBs have been working collectively to further mainstream this objective within their activity. They have also scaled up climate finance, reaching a record US$137 billion in 2024, with a 10% increase compared to the previous year.  \nThe Heads of MDBs Group has delivered on its commitment to the G20. In September, the Group produced its first Report on the implementation of the G20 “Roadmap”, which was welcomed by Finance Ministersand Central Bank Governors this week. The report, which highlights the progress made by MDBs both individually and collectively, stands as an important tool for shareholders to track MDB achievements on the priority areas that the G20 has set, and will set, for them.  \nToday’s epochal challenges require MDBs to deliver greater impact with urgency in spite of a global context of uncertainty and volatility. It is a tall order. But with their efforts working as a system and in lockstep with their shareholders, MDBs are up to the responsibility. The world’s citizens, communities and future generations expect and deserve nothing less.","cbCaiugPhAHCgh7P","https://ap.wps.com/l/cbCaiugPhAHCgh7P","pdf",160930,1,3,"English","en",105,"# Key themes\n## MDBs acting as a system\n## Collaboration driven by the G20\n## Lending capacity, reliance agreements, and private capital\n## Health, education, and social infrastructure\n## Nature and climate finance integration","[{\"question\":\"Why does the statement emphasize that no MDB can confront global challenges alone?\",\"answer\":\"It states that mounting pressures for stronger growth, more jobs, and resilience require coordinated action, because these challenges exceed what any single multilateral development bank can address independently.\"},{\"question\":\"What collaboration framework does the statement highlight between MDBs?\",\"answer\":\"It highlights intensified cooperation in recent years spurred by the G20, led by the Heads of MDBs Group, an informal forum of ten major MDBs.\"},{\"question\":\"Which actions and results does the statement cite to increase development financing impact?\",\"answer\":\"It cites reforms to capital adequacy frameworks and innovations that expand additional lending capacity, reliance agreements that reduce administrative burdens and accelerate project preparation, and scaled climate finance reaching US$137 billion in 2024.\"}]",1784491453,{"code":4,"msg":29,"data":30},"ok",{"site_id":24,"language":23,"slug":31,"title":13,"keywords":32,"description":14,"schema_data":33,"social_meta":84,"head_meta":86,"extra_data":88,"updated_unix":27},"statement-by-carlo-monticelli-112th-meeting-of-the-development-committee-october-16-2025","",{"@graph":34,"@context":83},[35,51,66],{"@type":36,"itemListElement":37},"BreadcrumbList",[38,42,46,48],{"item":39,"name":40,"@type":41,"position":20},"https://docshare.wps.com","Home","ListItem",{"item":43,"name":44,"@type":41,"position":45},"https://docshare.wps.com/document/","Document",2,{"item":47,"name":12,"@type":41,"position":21},"https://docshare.wps.com/document/research-report/",{"item":49,"name":13,"@type":41,"position":50},"https://docshare.wps.com/document/statement-by-carlo-monticelli-112th-meeting-of-the-development-committee-october-16-2025/111728/",4,{"url":49,"name":13,"@type":52,"author":53,"headline":13,"publisher":55,"fileFormat":58,"inLanguage":23,"description":14,"dateModified":59,"datePublished":60,"encodingFormat":58,"isAccessibleForFree":61,"interactionStatistic":62},"DigitalDocument",{"name":9,"@type":54},"Person",{"url":39,"name":56,"@type":57},"DocShare","Organization","application/pdf","2026-07-24","2026-07-19",true,{"@type":63,"interactionType":64,"userInteractionCount":20},"InteractionCounter",{"@type":65},"ViewAction",{"@type":67,"mainEntity":68},"FAQPage",[69,75,79],{"name":70,"@type":71,"acceptedAnswer":72},"Why does the statement emphasize that no MDB can confront global challenges alone?","Question",{"text":73,"@type":74},"It states that mounting pressures for stronger growth, more jobs, and resilience require coordinated action, because these challenges exceed what any single multilateral development bank can address independently.","Answer",{"name":76,"@type":71,"acceptedAnswer":77},"What collaboration framework does the statement highlight between MDBs?",{"text":78,"@type":74},"It highlights intensified cooperation in recent years spurred by the G20, led by the Heads of MDBs Group, an informal forum of ten major MDBs.",{"name":80,"@type":71,"acceptedAnswer":81},"Which actions and results does the statement cite to increase development financing impact?",{"text":82,"@type":74},"It cites reforms to capital adequacy frameworks and innovations that expand additional lending capacity, reliance agreements that reduce administrative burdens and accelerate project preparation, and scaled climate 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