LONDON — Asian Development Bank (ADB) President Masato Kanda joined His Majesty King Charles III and fellow leaders at a high-level roundtable at St. James’s Palace to accelerate private capital mobilization for sustainable economic growth in emerging and developing markets.
“Collective action, to scale-up private financing for nature, resilience, and sustainable economic growth, is critically important.” said Mr. Kanda. “It was an honor to discuss these issues, under the leadership of His Majesty, in particular innovative solutions and actions to unlock private capital mobilization towards sustainable development.”
The convening, organized by the Sustainable Markets Initiative, brought together MDB presidents and chief executives from leading global financial institutions, in addition to President Mohamed Muizzu, Republic of Maldives and Commonwealth of the Bahamas Prime Minister Philip Davis, to explore how emerging models can be replicated to scale up support for sustainable development.
Earlier, Mr. Kanda joined MDB heads in a meeting with Baroness Chapman of Darlington, UK Minister of State for International Development and Africa, sharing the view that private capital mobilization is central to delivering sustainable economic development. He recognized the UK’s thought leadership and generous catalytic funding which firmly anchor it as an indispensable partner for ADB. He also welcomed Prime Minister Starmer’s recent confirmation of the UK’s G20 Presidency in 2027 and pledged support.
ADB commenced its Chairship of the MDB Heads Groups 1 December 2025, with a view to working with peers to harness collective finance and expertise to achieve maximum impact, through a focused and practical agenda for 2026, that builds on agreed priorities and ensures continuity across collective efforts.
ADB is a leading multilateral development bank supporting inclusive, resilient, and sustainable growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together, ADB harnesses innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and safeguard our planet. Founded in 1966, ADB is owned by 69 members—50 from the region.
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