Strengthening Capacity of Developing Member Countries for Managing Credit Enhancement Products (Phase 2)

This technical assistance project was designed to familiarize policy makers in the developing member countries of the Asian Development Bank (ADB) with credit enhancement products (CEPs), including guarantees, available from ADB, export credit agencies, other multilateral development banks, and the private market. CEPs are used by inventors, exporters, and financial institutions to mitigate risks and are an effective tool to mobilize private capital for investment and trade. CEPs support both sovereign and nonsovereign projects. This technical assistance is consistent with ADB’s Strategy 2020, which support private sector investment and development, and commercial cofinancing.