Who we are
EDFI members regard themselves as a “club of members” rather than as one institution. They have established the EDFI association as a value-adding platform and as a service provider that will support all members to realise their vision by:
- Fostering EDFI members’ cooperation with European Union institutions, and with other DFIs such as bilateral DFIs outside Europe and the IFC
- Advocating the key role of development finance
- Improving the efficiency and effectiveness of EDFI members
- Facilitating knowledge-sharing and learning
- Helping to raise the profile of EDFI members
- Providing financing opportunities to EDFI members
In addition, EDFI serves to inform the public and government stakeholders about the European DFIs’ contribution to development.
The Association is guided by a set of common values:
Association of equals: All members have an equal voice in the governance of the Association and are expected to be active contributors to the Association’s work, as permitted by their size and capacity.
Diversity: We value our diversity and will use the benefits of our complementary business models, skills, expertise and portfolios to create value for our clients.
Demand-driven: The primary concern of the Association is the needs of its members.
Small and efficient: The Association’s business will be conducted with a keen concern for operational efficiency.
DFIs emerged right after WW2. CDC was established in 1948, DEG in 1962, IFU in 1967, and FMO in 1970. Gradually, more and more countries considered ways to support private sector investments in developing countries and subsequently decided to set up their own DFI.
In 1992, seven European DFIs agreed to establish the Association of European Development Finance Institutions (EDFI) to strengthen cooperation and to facilitate knowledge-sharing and learning. Other institutions progressively joined the Association, which today represents fifteen members. EDFI remains open to new members. Please visit the members section for more information on the eligibility criteria.
EDFI aims to play an important role in helping members respond to the new development paradigm by stepping up its communications and adding more resources. EDFI has also established a new Management Company, which already manages ElectriFI, an EU-funded facility to support energy access, and is expected to receive further 3rd party mandates.
Chairman of the Management Board, DEG
Executive Board Member, OeEB
Salvador Marín Hernández
Chairman and CEO, COFIDES
Søren Peter Andreasen
Pere Joan Ribas Barcelo
Senior Program Manager
Marketing & Communications Manager