On 15 May, the 15 members of the Association of European Development Finance Institutions (EDFI) gathered for their Annual Meeting and launched a new initiative to deepen cooperation on responsible financing requirements and impact measurement. The European DFIs jointly manage a portfolio of app. $50 billion of impact-oriented investments in emerging and frontier markets. They will work on an accelerated time schedule towards common definitions and methods to measure impact on SDGs, with a focus on key impacts to which private sector enterprises contribute, including gender equality, job creation, reduced inequality, and fighting climate change.