Quad DFIs Meet to Advance Financing for Health, Energy, and Infrastructure in the Indo-Pacific

WASHINGTON, D.C. - The U.S. International Development Finance Corporation Head of Investments Agnes Dasewicz met with government and development finance institution (DFI) leaders from Japan, Australia, and India on Oct. 25 for the second meeting of the Quad DFIs. During the meeting, leaders discussed tangible ways of leveraging development finance to advance the goals articulated in the Wilmington Declaration, especially diagnoses and treatment of cancer; new, quality infrastructure projects; and adoption of clean energy.

This is the first gathering of the Quad DFIs since 2022. Participating organizations included Export Finance Australia, the Australian Department of Foreign Affairs and Trade, Indian Ministry of External Affairs (Development Partnership Division-I), Export-Import Bank of India, and Japan Bank for International Cooperation.

During the meeting, DFC and partners discussed ways to combine, cohere, and leverage financial tools to mobilize private capital to advance economic growth and resilience across the Indo-Pacific, advancing the Quad's vision for a prosperous and inclusive region.

This meeting follows the fourth in-person Quad Leaders' Summit, which was held in September 2024, and builds on various memorandums of understanding and joint investments between Quad partners in vaccines and secure telecommunications.

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The U.S. International Development Finance Corporation (DFC) partners with the private sector to finance solutions to the most critical challenges facing the developing world today. We invest across sectors including energy, healthcare, infrastructure, agriculture, and small business and financial services. DFC investments adhere to high standards and respect the environment, human rights, and worker rights.