(Cape Town, South Africa) – ADFIAP Secretary General Mr. Enrique Florencio was a featured speaker at the Global Roundtable of Chief Economists organized by the World Federation of Development Financing Institutions (WFDFI) on February 27, 2025.  The roundtable brought together top economists and development finance experts to discuss the theme “Development Banking: Harnessing Innovation for Sustainable Growth.”

Mr. Florencio shared the latest innovations in pioneering sustainable finance, highlighting ADFIAP’s current initiatives driving positive regional change. He showcased three key initiatives:

1. Core Banking Solutions: ADFIAP’s core banking solutions aim to enhance the development of finance institutions’ operational efficiency and risk management capabilities.
2. ESG Scoring System: The ESG Scoring System is a pioneering tool that helps development finance institutions assess their projects and investments’ environmental, social, and governance (ESG) performance.
3. Seed2Market: Seed2Market is an innovative platform that initially focuses on agricultural applications but can expand into supply chain management, logistics, manufacturing, and other sectors where traceability solutions create value.

Mr. Florencio emphasized that innovation is key to unlocking sustainable growth and that development finance institutions must embrace new technologies and strategies to stay ahead of the curve. He highlighted the importance of collaboration and knowledge sharing among development finance institutions to drive positive change and promote sustainable development.

The Global Roundtable of Chief Economists provided a platform for experts to share their insights and expertise, fostering a deeper understanding of the role of innovation in development banking. ADFIAP’s participation in the roundtable underscored its commitment to promoting sustainable finance and development in the Asia-Pacific region.