I wish to inform you that my service contract as Secretary General of the Association will end on December 31, 2021. I will however step aside on July 1, 2021 to start the leadership transition process after the ADFIAP Board of Directors has recently mandated this and appointed my colleague, Enrique I. Florencio, as new Secretary General.
After serving ADFIAP for 30 years, half of this time as Deputy Secretary General and another half as Secretary General, it is now time for me to move on and pass the baton to a new leader at the Secretariat. Needless to say, I leave ADFIAP as resilient and as relevant as ever despite the challenges brought about by the pandemic.
It has been an amazing life’s journey for me at ADFIAP and there are so many blessings to thank for – friends and acquaintances like you, networks that I have developed and collaborated with, organizations I have worked with and shared their welcome, places I have been to, and knowledge I have gained all these years, among many others.
I wish to thank you for all these, for your support of your Association as well as for my leadership role during my tenure. I also wish that you provide the same support to the incoming Secretary General.
On a personal note, I would like to express my sincere appreciation to the times we have corresponded or have met and interacted during ADFIAP events and other forums, as well as to your kindness and friendship.
I wish you all the success in your endeavours, hope our paths meet again, and pray that the work and advocacies of ADFIAP will continue to expand and prosper with your support.
Thank you, warmest regards and take care,
Octavio B. Peralta
Outgoing Secretary General
DBM to integrate sustainable financing into its operations
Development Bank of Mongolia (DBM) aims to integrate sustainable financing principles into its operation, noting it is vital for the Bank to be an instrumental force in driving the country’s development.
New BDC study finds entrepreneurs are building coping skills through the pandemic
Business Development Bank of Canada (BDC), Canada’s bank for entrepreneurs, released their third report tracking the state of Canadian business owners’ mental health during the COVID-19 pandemic. The survey, completed in early March before the third wave hit, found that 70% of entrepreneurs said they have things under control (compared with 57% in November 2020).
KfW, partners, to introduce innovative financing platform
KfW and three other European development banks (AECID, AFD and CDP) intend to introduce a “Team Europe” financing platform in order to further expand the efficient cooperation between the various actors in European development cooperation.
PT Sarana Multi Infrastruktur (Persero) (PT SMI), as one of the special mission vehicles (SMV) under the coordination of the Ministry of Finance has successfully obtained ISO 37001 certification: Anti-Bribery Management System (SMAP) in March 2021.
SME Bank produces social media experiment campaign
SME Bank's social media experiment campaign has proven that the Malaysian community, especially the Asnaf entrepreneurs who require assistance to do their business are willing to share their sustenance with others who needed them more.
LANDBANK expands loan access for farmers and fishers
The Land Bank of the Philippines (LANDBANK) fully supports the ongoing Senate initiative to amend the provisions of Republic Act. No. 10000, otherwise known as the Agri-Agra Reform Credit of 2009 (Agri-Agra Law), to provide farmers and fishers nationwide an expanded and easier access to responsive agricultural financing.
ADFIAP joins WFDFI in IDB launch of climate risk guidebook for NDBs
ADFIAP joined the preparation meeting on the launch of the “Guidebook for National Development Banks (NDBs) on Climate Risks” organized virtually on May 11, 2021, by the Washington, D.C.-based Inter-American Development Bank (IDB).
The world is converging on the need for sustainable agri-food systems
In a sign that food security and nutrition are increasingly seen as key vectors for sustainable development, the United Nations Commission on Population and Development (CPD) approved a resolution likely to enrich and intensify discussions at the upcoming UN Food Systems Summit.
Source: Food and Agriculture Organization of the United Nation
Widespread Informality Likely to Slow Recovery from COVID-19 in Developing Economies
A strikingly large percentage of workers and firms operate outside the line of sight of governments in emerging market and developing economies (EMDEs)—a challenge that is likely to hold back the recovery in these economies unless governments adopt a comprehensive set of policies to address the drawbacks of the informal sector
Asia-Pacific Can Emerge From Pandemic "Stronger Than Before" — ADB President
The Asia and the Pacific region can emerge from the coronavirus disease (COVID-19) pandemic “even stronger than before” by focusing on five areas to help achieve a prosperous, inclusive, resilient, and sustainable future, Asian Development Bank (ADB) President Masatsugu Asakawa said..
A Strong, Relevant and Credible WTO is Needed to Build Back Better from COVID, Say Asia-Pacific Business Leaders
Asia-Pacific business leaders, meeting virtually this week in the APEC Business Advisory Council (ABAC), have released a Statement in support of the WTO.
“The WTO is the foundation of decades of prosperity for our region and the world,” said Rachel Taulelei, Chair of ABAC. “We need it now more than ever – but we also need to strengthen and update the WTO rulebook and operations to keep it relevant.”
ADB's Trade and Supply Chain Finance Program (TSCFP)
The TSCFP provides guarantees and loans to partner banks in support of international trade. Out of 33,093 transactions supported by the program from 2009 to 2020, 21,713 involved small and medium enterprises. Transactions in that period amounted to $47.5 billion, including $28.1 billion through cofinancing. The TSCFP works with over 240 banks providing companies in Asia and the Pacific with finance for import and export activities.
The Global Economy is about to become the Climate Economy
In the next 20 years, climate will move from being a sector of the economy to becoming the dominant force in macroeconomics. New forms of sustainability will disrupt virtually all industries: from manufacturing, the production and use of energy, food, fiber and material resources, to the expansion of transport options and consumer choices.
A pathway to a brighter future': IEA unveils landmark net zero global energy roadmap
Decarbonising energy, transport, and industry worldwide by 2050 is 'perhaps the greatest challenge humankind has ever faced', but the delivery of a net zero energy system is achievable, cost-effective, and promises to deliver jobs and health benefits for billions of people worldwide.