|Blended finance will contribute to faster economic growth, but to achieve this it is vital to get donors into alignment.||Martin WOLF||Chief Economics Commentator, FINANCIAL TIMES|
|The private sector recognises that donors need an effective framework in order to take blended finance forward to the next level, these Principles provide the step in that direction, which now needs to be taken.||Julia PRESCOT||Head of Strategy, MERIDIAM|
|The OECD DAC Principles are another important step forward to align the international community, and especially, the key development participants, around mobilizing the funding that can help deliver the SDGs.||H.E. LUHUT PANJAITAN||Coordinating Minister for Maritime Affairs,
REPUBLIC OF INDONESIA
Blended finance is the strategic use of development finance for the mobilisation of additional finance towards sustainable development in developing countries.
The OECD is currently working on more detailed guidance for policy makers to implement the OECD DAC Blended Finance Principles. The guidance will provide good practice examples, support the design and implementation of effective blended finance programmes at the policy level and facilitate accountability.
The Blended Finance Principles will be used inform our key partners such as the UN, EU and World Economic Forum in progressing blended finance best practices, including through fora such as the G20 and G7.
The OECD needs your involvement to ensure that the Guidance is a truly collaborative effort by the wide range of stakeholders active in the blended finance landscape. The OECD has now launched a public consultation to allow interested stakeholders to provide feedback on the Guidance and ensure that all voices and experiences are heard. We look forward to engaging with you to deliver a comprehensive and fit-for-purpose Policy Guidance.