“This year, the Government is increasing its contribution to the ADF and providing SEK 258 million. It is thus continuing to strengthen multilateral development banks, which can mobilise and combine private and public resources to combat poverty. The ADF plays a key role in supporting particularly vulnerable countries in areas such as climate, regional cooperation and integration, gender equality, women’s economic empowerment, private sector development and migration. It also provides urgent support to developing countries in crises,” says Minister for International Development Cooperation and Foreign Trade Benjamin Dousa.

This support will, among other things, contribute to investments in regional cooperation and integration, climate measures focusing on the needs in countries affected by climate change, infrastructure, private sector development, sustainability, education, gender equality and governance.

The ADF’s support is primarily intended for countries with low credit ratings or limited repayment capacity. Its contributions can be a way for these countries to reduce their financial burden. The ADF has proved effective in responding to unexpected crises, such as natural disasters, pandemics and economic shocks, and it has mechanisms to swiftly channel resources to emergency situations.