G-20 London Summit commitment

Countries: 
Event/initiative: 
Date of commitment: 
April 2009
Millennium Development Goal: 

Commitment

Agreed to support at least $100 billion of additional lending by the MDBs and to provide $6 billion of additional concessional and flexible finance to the poorest countries over the next 2 to 3 years.

Target

Support $100 billion of lending by MDB . $6 billion additional concessional finance to poorest countries

Progress

Since the start of the crisis, MDBs provided $235 billion in lending, supported by provision of $350 billion in capital increases from G-20 members.Other data is not available.

Gap

The commitment to support at least $100 billion in additional lending by the MDBs was fulfilled. Other data is not available.

Additionality

New addtitional finance

Data source: 

G20 Toronto Summit statement