The U.S. International Development Finance Corporation (DFC) board of directors has approved the agency’s new rapid response liquidity facility. The facility will provide up to $4 billion in additional financing for existing DFC projects that have been particularly impacted by the challenges of the Covid-19 global pandemic.

“Congress created DFC to help tackle the world’s most difficult development challenges,” said DFC CEO, Adam Boehler. “Our development mission is more impo...