An Innovative IFI Operating Model

This discussion paper by the Climate Policy Initiative outlines a proposed operating model for multilateral development banks (MDBs) to increase the volume and efficacy of climate finance deployment in response to the climate crisis and other global challenges facing developing countries.

• The paper proposes three primary categories of action to improve the deployment of climate finance: shifting from project-by-project funding to program-based funding facilities for country and sector platforms, scaling risk-sharing instruments to catalyze private capital and lower the cost of capital, and overhauling the business models of the World Bank and other MDBs to reposition them as "mobilizers in chief."
• To reposition MDBs as mobilizers, the paper suggests specific operational changes including the standardization of processes, the adoption of an "originate to distribute" model for balance sheet optimization, cross-country data-sharing, and revised eligibility for concessional finance.

APA

Climate Policy Initiative (2023). An Innovative IFI Operating Model. https://www.climatepolicyinitiative.org/publication/an-innovative-ifi-operating-model-discussion-paper-apr2023/

Chicago

Climate Policy Initiative. An Innovative IFI Operating Model. 2023. https://www.climatepolicyinitiative.org/publication/an-innovative-ifi-operating-model-discussion-paper-apr2023/.

Wikipedia

{{cite report |author=Climate Policy Initiative |title=An Innovative IFI Operating Model |date=6 April 2023 |url=https://www.climatepolicyinitiative.org/publication/an-innovative-ifi-operating-model-discussion-paper-apr2023/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatepolicyinitiative2023innovative, author = {{Climate Policy Initiative}}, title = {{An Innovative IFI Operating Model}}, institution = {Climate Policy Initiative}, year = {2023}, month = apr, url = {https://www.climatepolicyinitiative.org/publication/an-innovative-ifi-operating-model-discussion-paper-apr2023/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }