Core concepts in blended finance
Assessment of uses and implications for evaluation
This paper presents findings from research on how blended finance actors use and define
different key concepts, and what implications these understandings have for evaluators.
By increasing awareness of key terms and their use, the paper can contribute to facilitating
the evaluation process, simplifying the communication of findings and results, and
ease collaboration between different actors. It provides a useful framework for thinking
about core concepts related to blended finance, differences in how these are used
today, and the implications this has for evaluation methods and approaches. The work
will be of interest to monitoring and evaluation departments, development finance
institutions, international financial institutions, impact investors, private foundations
and others interested in blended finance and its role in contributing to sustainable
This paper is the first in a series of three working papers from the OECD/DAC EvalNet
Working Group on Evaluating Blended Finance.
Available from February 17, 2021
In series:OECD Development Co-operation Working Papersview more titles