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Development Banks

The African Development Bank
The ADB seeks to assist Regional Member Countries to end the cycle of poverty in which they are entrapped. The Bank endeavors to facilitate and mobilize the flow of external and domestic resources, public and private, promote investment, and provide technical assistance and policy advice to member countries.

Asian Development Bank
ADB is a multilateral development finance institution owned by 59 members, mostly from Asia and the Pacific. ADB's principal tools are loans and technical assistance, which it provides to governments for specific projects and programs.

The European Bank for Reconstruction and Development
Established in 1991, EBRD fosters the transition towards open market-oriented economies and promotes private and entrepreneurial initiative in the countries of central and eastern Europe and the Commonwealth of Independent States (CIS). It encourages co-financing and foreign direct investment from the private and public sectors, helps to mobilize domestic capital, and provides technical cooperation in relevant areas.

European Investment Bank
The European Bank is the world's largest institutional lender and it is an active investment partner in the development of transportation projects in Europe and beyond. The task of the European Investment Bank, the European Union's financing institution, is to contribute towards the integration, balanced development and economic and social cohesion of the Member Countries. To this end, it raises on the markets substantial volumes of funds which it directs on the most favorable terms towards financing capital projects according with the objectives of the Union. Outside the Union the EIB implements the financial components of agreements concluded under European development aid and cooperation policies.

The Inter-American Development Bank
The oldest and largest regional multilateral development institution, was established in December of 1959 to help accelerate economic and social development in Latin America and the Caribbean. The Bank's original membership included 19 Latin American and Caribbean countries and the United States. Subsequently, eight other Western Hemisphere nations, including Canada, joined the Bank. From the beginning, the Bank developed links with many industrialized countries on other continents and in 1974 the Declaration of Madrid was signed to formalize their entry into the Bank. Eighteen nonregional countries joined the Bank between 1976 and 1993. Today Bank membership totals 46 nations.

International Finance Corporation
The International Finance Corporation (IFC), a member of the World Bank Group, seeks to improve the quality of the lives of people in developing countries. IFC is the largest multilateral source of loan and equity financing for private sector projects in the developing world.

The Nordic Development Fund (NDF)
A multilateral Nordic development financing organization with offices in Helsinki, Finland. Operations commenced in February 1989 as part of co-operation in the development assistance area between the five Nordic countries - Denmark, Finland, Iceland, Norway and Sweden. NDF was established for the purpose of promoting economic and social development in developing countries through participation in financing on concessional terms of projects of interest to the Nordic countries. The capital of the Nordic Development Fund amounts to SDR 515 million (Special Drawing Rights) and EUR 330 million, and is financed through the development assistance budgets for the Nordic countries. NDF grants very long-term credits on concessional terms to poor developing countries.

The North American Development Bank (NADB)
An international financial institution established and capitalized in equal parts by the United States and Mexico for the purpose of financing environmental infrastructure projects. All NADB-financed projects involve potable water supply, wastewater treatment or municipal solid waste management and be located within the border region. The NADB's mission is to serve as a bi-national partner and catalyst in communities along the U.S.-Mexico border in order to enhance the affordability, financing, long-term development and effective operation of infrastructure that promotes a clean, healthy environment for the citizens of the region.

U.S. Export-Import Bank
The Export-Import Bank is an independent U.S. Government agency that helps finance the overseas sales of U.S. goods and services. The Bank emphasizes exports to developing countries, aggressively counters trade subsidies of other governments, stimulates small business transactions, promotes the export of environmentally beneficial goods and services, and expands project finance capabilities. Ex-Im Bank does not compete with commercial lenders, but assumes the risks they cannot accept. Its mission is to create jobs through exports.

The World Bank
The World Bank provides development assistance, supplying billions in loans to its developing client countries. To support projects that offer stable, sustainable, and equitable growth in the fight against poverty, the Bank provides a variety of lending instruments, and works with bond investors, business and the private sector, donors and confinancers, foundations, schools, NGOs and civil society, and related institutions.

The World Bank Group Tolls and Concessions
This knowledge base deals with the general issue of toll roads. It also covers contractual options for private sector involvement (including concessions). The knowledge base covers the extent of toll road provision internationally, the objectives, benefits, and costs of a toll road program, tariff setting and development issues, and involvement of the private sector. This key issues document is based on extensive experience in the sector worldwide and follows on from the work being carried out on behalf of the World Bank and Japanese Ministry of Construction on the development of toll roads in Asia.