The MCDF 2021 Annual Report was prepared in accordance with the MCDF Governing Instrument and guidance of the MCDF Governing Committee and the MCDF Coordination Committee. The MCDF 2021 Annual Report is the first Annual Report of the MCDF and recounts its first year of operations, first results and the start-up phase. It also includes Audited Financial Statements of the MCDF Finance Facility for the Year Ended 31 December 2021, with comparative period from 15 May to 31 December 2020 (Audited Financial Statements). Both the 2021 Annual Report and the Audited Financial Statements were approved by the MCDF Governing Committee on 20 April 2022.