Cooperation

Our objectives

Promoting sustainable growth in developing countries, by offering a wide range of financial products to public and private entities. By leveraging CDP Group’s expertise, we manage public funds and promote investment and financing activities in emerging markets and developing countries.

Strategic guidelines

To achieve our goals, we follow two main strategic guidelines:

Support to public entities
• We grant funding to governments and entities, by employing public funds or combining our own assets with third parties’ resources.
• We support Multilateral and International Financial Institutions through direct financing or co-financing with them specific investment programs in Target Countries.

Support to the private sector
• We finance “at market rates” companies active in Target Countries for operations consistent with cooperation targets
• We finance thematic investments in high-impact sectors by combining our resources with those of other international and European institutions active in the field of development finance.

Addressing impact management and outcome

CDP continues to give a growing attention for impact generated by its activities, coherently with the need to promote a more sustainable and inclusive development model as stressed by the 2030 UN Agenda and its 17 SDGs.

As a part of this process, CDP is a founding signatory for the Operating Principles for Impact Management for Impact Management alongside with a group of MDBs, DFIs, banks, impact asset managers, asset owners, and industry associations.

The Operating Principles, promoted by IFC, provide a framework to guide Institutions and investors on the integration of impact criteria throughout the investment lifecycle.

As a signatory to the Principles, CDP publicly discloses, on an annual basis, with respect to the activates promoted by its International Cooperation Department, the alignment of impact management systems with the Principles.
 

• CDP Disclosure Statement
• Verification Summary

The role of CDP in the Cooperation System
CDP as the Financial Institution for Development Cooperation

The new general framework on international development cooperation (law n.125 / 2014), defines cooperation as an essential part of the Italian foreign policy and appoints CDP as the Italian Financial Institution for Development Cooperation with the faculty to operate in all Developing countries.
From the 1st of January 2016, CDP can manage public funds, such as the Revolving Fund for Development Cooperation, finance public and private entities in developing countries using its own resources or in combination with resources from the European Commission or other donors, and invest in funds or funds of funds supporting the socio-economic growth of the Italian Cooperation’s Target countries.
Our mission and our projects aim at contributing to the achievement of the 17 Sustainable Development Goals and to the creation of sustainable projects on a global scale, in line with clear thematic priorities, such as growth and employment, innovation, environment and climate change, immigration and gender equality.

Italian Governance Cooperation

CDP contributes to the achievement of the national Development Cooperation objectives established by the Three-Year Programming Document, working together with the other main players in the Italian Cooperation: The Ministry of Foreign Affairs and International Cooperation (MAECI), the Italian Agency for Development Cooperation (AICS) and the Ministry of Economy and Finance (MEF).
The governance is designed to guarantee the maximum level of inter-institutional coordination, accountability and transparency, and a closer involvement of public and private players in development activities.