The leaders of 10 Multilateral Development Banks (MDBs) have announced joint steps to work more effectively as a system to scale up MDB financing capacity and catalyze private sector mobilization among other keynote action plans. These actions are aimed at increasing the impact and scale of their work to tackle urgent development challenges. After a retreat hosted by the Inter-American Development Bank (IDB), the leaders outlined key deliverables for joint and coordinated action in 2024 and beyond building on the progress since their Marrakesh statement in 2023, as their institutions work to accelerate...