Making Blended Finance Work for the Sustainable Development Goals
OECD published the report Making Blended Finance Work for the Sustainable Development Goals. Blended finance is an approach to mix different for of capital in support of development. It is emerging as an important solution to help raise resources for the Sustainable Development Goals in developing countries.
This report presents a comprehensive assessment of the state and priorities for blended finance as it is being used to support sustainable development in developing countries. It describes concepts and definitions, presents an overview of actors and instruments, and discusses lessons learned from blending approaches, tracking and data, and monitoring and evaluation. Its findings and recommendations are useful for policy makers and practitioners.
'Official development assistance continues to be a key way to finance efforts aimed at eradicating extreme poverty. However, the challenge is more than governments alone can manage. We must all think, work, finance and deliver development differently to mobilize private-sector resources and expertise to help the world’s poorest and most vulnerable people. Canada continues to promote innovative approaches to finance development and achieve sustainable growth for everyone.' The Honourable Marie-Claude Bibeau, Canada's Minister of International Development and La Francophonie
All interested to discuss the report findings in detail can join the webinar on February 12, 2018, at 13.00 – 14.00 CET.
The Executive Summary of the report can be found here.