All development finance interventions, including blended finance activities, are based on the mandate of development finance providers’ to support developing countries in achieving social, economic and environmentally sustainable development.
« Private sector financing will be critical to reaching the 2030 goals. DFIs have recently adopted joint guidance for the use of blended concessional finance in our private sector operations. We also welcome the OECD’s efforts to bring donors and other stakeholders together around policy principles for blended finance. These initiatives will help us make the best use of scarce development finance resources, having more development impact and mobilising more than would otherwise be possible, without getting in the way of the private market. »
NANNO KLEITERP, CHAIRMAN, EUROPEAN DEVELOPMENT FINANCE INSTITUTIONS
This guidance is a collaborative effort. We encourage you to send us your questions and comments at: DCD.BlendedFinance@oecd.org