EDFI - What does EDFI stand for? The Free Dictionary
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The European Investment Bank (EIB) and the bilateral development finance institutions of the EU Member States, which are united in the association EDFI (European development finance institutions), together with AFD of France and KfW of Germany, signed a Framework Agreement, on January 28, to promote financial co-operation and exchange of services.
These sectors open up areas of mutual co-operation as EDFI members invest about Euro 450 million a year in ACP countries.
To achieve this, EEDF grant finance would leverage EFP/ICCF loan or equity finance in a new risk-sharing mechanism to address SE4All objectives in the following way: under EFP/ICCF the EDFIs
and the EIB may consider to support private sector projects in the energy sector that address the objectives of SE4All but that are either at an early stage of development and/or have a higher risk profile than would normally be acceptable to them.