The Financial Sector Development Partnership Fund or FSDPF aims to strengthen regional, subregional, and national financial systems in Asia and the Pacific. The fund provides assistance in the form of untied grants for components of investment and technical assistance projects. Project proposals are selected based on their alignment with the finance sector operational plan objectives and the country partnership strategies of the relevant developing member countries.
In 2022, the fund supported the Capacity Development for the Trade and Supply Chain Finance Program (TSCFP), which aimed to facilitate increased access to supply chain finance for companies in developing member countries with the envisioned outcome of partner financial institutions broadening their trade and supply chain finance portfolios. The program supported capacity development activities, training, workshops, and courses for partner banks on anti-money-laundering, sustainability in trade, and trade finance. TSCFP’s work commenced in the areas of creating an environmental, social, and governance (ESG) resource directory that would become a “one-stop,” reliable, current, and easily accessible database and update the public with current and essential social and ESG requirements. Works were also started to assess current practices and policies of TSCFP partner banks regarding financial inclusion for people with disabilities leading to recommendations, knowledge products, and tools to enhance and/or establish best practices around disability inclusion and support for the banks in implementation.
Project Map
