This report was produced by an expert panel tasked with independent review of multilateral development banks’ capital adequacy frameworks.
This panel was convened by the G20 to provide benchmarks to evaluate MDB capital adequacy frameworks and to enable shareholders to develop a consistent understanding and consider potential adaptations to maximise MDBs' funding capacity. The panel recommended five strategic shifts to maximise the impact of MDB capital, which it recommended be seen as a "coherent and interdependent package of initiatives to allow MDBs to stretch themselves further while mitigating associated risks."