Global Emerging Markets Risk Database (GEMs) Consortium

Leveraging data from Multilateral Development Banks and Development Finance Institutions to support investment and development.

GEMs, the Global Emerging Markets Risk Database Consortium (GEMs), was established in 2009 as a joint initiative between the European Investment Bank (EIB) and IFC and has since grown to comprise 25 MDBs and DFIs.

GEMs is one of the world’s largest credit risk databases for the emerging markets operations of its member institutions, comprised of Multilateral Development Banks (MDBs) and Development Finance Institutions (DFIs). The database pools credit risk data on private/sub-sovereign lending in Emerging Markets and Developing Economies (EMDEs) and provides members with additional relevant statistics.

The GEMs Consortium has published for the first time the recovery rates of investments with private and sub-sovereign borrowers in EMDEs for the period 1994-2022. The statistics are collected from the group of 19 multilateral development banks and development finance institutions that are members of the GEMs Consortium and are available online for free on the GEMs website.

“The GEMs Consortium, co-founded by the EIB and the World Bank Group, is an example of how we can have a far greater impact when we work together. The publication today and sharing of information with public and private sector partners is a direct response to the call by the G20 for International Financial Institutions to support reform of the financial system by sharing data and expertise more widely. I’m hopeful that this first important step will help us all to drive transformative investments in emerging markets and developing economies.”  

– Nadia Calviño, President of the European Investment Bank.

Laura Farrell Smith
Senior Communications Officer
+1 (202) 355-3754
Egidio Germanetti
SENIOR COMMUNICATIONS OFFICER
+33 140693182