National and Multilateral Development Banks During the 2020 Pandemic: The Role of IADB and CDC During the First Phase of Covid-19

Abstract

This chapter focuses on the strategic role played over the first few months after the beginning of the Covid-19 pandemic by a Multilateral Development Bank – the Inter-American Development Bank (IADB) and a National Development Bank – the UK CDC Group. We also present an overview of the mandates, loan portfolios, services and clients of the two banks prior to the Covid-19 response, and how these adapted in light of the crisis in 2020.