This publication was prepared by the OECD Development Co-operation Directorate headed by Pilar Garrido. Paul Horrocks, Head of the Private Finance for Sustainable Development Unit, managed and led the work to develop this publication, with strategic leadership of Haje Schütte, Head of the Financing for Sustainable Development Division.
This publication was authored by Lasse Møller, Iqra Shaikh, Emilia Stazi and Callum Thomas, with valuable contributions from Paul Horrocks, Wiebke Bartz-Zuccala, Emma Raiteri, Noémie Benfella and Rafael Gallo. The authors would like to thank OECD colleagues Valentina Bellesi and Mohammed Saffar who took the time to review the document and provide comprehensive feedback.
The OECD is grateful for the insight and comments provided by a group of reviewers who were invited in their personal capacity to review the Guidance and who do not represent any organisation or institution. Several of the reviewers have reviewed selected parts of the document. Reviewers are Christian Novak, Astrid Manroth, San Bilal, Thomas Venon, Valerie Harrington, Anne Laible, Tanja Specht, Venla Voutilainen, Christopher Bredholt, Chris Eleftheriades, Iftin Fatah, Ross Ferguson, Susanna Gable, Sander Glas, Annemieke van den Heuvel, Ina Hoxha, Paul James, Karim Karaki, Megan Kennedy-Chouane, Ylva Lindberg, Romina Boarini, Kerry Max, Adji Sokhna M’Baye, Magdalena Orth, Jennifer Purves, Priscilla Boiardi, Jasper Siegfried, Ole Winckler Andersen, John Rand and Maria Teresa Zappia.
The OECD is also grateful for the contribution of experts during the physical and virtual workshops and consultations, including Brian Milder (Aceli Africa); Jakob W. Sorensen and Uche Duru (AfDB); Aarno Keijzer, Prateesh Prasad, Arnaud Alt and Owais Shafiq (Aqua for All); Veronica Chau (BCG); Paddy Carter and Danica Burn (BII); Anmay Dittman and Julie Ansidei (BlackRock); Christina Leijonhufvud (Bluemark); Edoardo Toscano and Alessandra Nibbio (Blue Orchard); Florence Lubineau, Chrisdele M’Bemba, Theo Garnier, Pablo Perez, Maxence Foucault and Sophie Méchin (BnP Paribas); Joost Zuidberg, Fleur Henderson and Maria-Pia Kelly (Cardano); Dave Portman (CDFS); Arun Advait (Center for Public Enterprise); Nancy Lee (CGD); Stephanie von Friedeburg, Amanda Helfrich and Cherie Nursalim (Citi); Chris Clubb, Nicholas Zelenczuk and Mira Minkara (Convergence); Mohan Vivekanandan and Nes Ruwo (DBSA); Peter Thimme (DEG); Alec Paxton, Vanessa Holcomb Mann and Christopher Walker (DFC); Hanna Dudka, Aurelie Faure and Alexander Reimers (European Commission); Jim Turnbull, Raghavan Narayan and Kaylyn Fraser (EBRD); Mariane Søndergaard-Jensen and Jørn Fredsgaard Sørensen (EIFO); Gustavo Sanchez Marcos (ENEL); Maria Jose Romero and Matthew Simonds (Eurodad); Meera Murali, Darius Rakhshafar, Louis Lapaz, Gabor Sitanyi, Lindsey Allwright, Anna French and Hannes Bahrenburg (FCDO); Vivian Guo (Franklin Templeton); Michelle Jette, Sean Turnbull, Abhinav Dholepat, Maya Ali-Adib and Mahmud Naqi (GAC); Royston Anthony Braganza (Grameen Capital); James Hulse (Hindsight Consultancy); Giorgio Vitali (HLD AFC); Maryline Penedo, Norah Sullivan and Alessandro Maffioli (IDB); Joon Young Park, Pranab Gosh and Morten Lykke Lauridsen (IFC); Cécile Goubet and Omer Kirac (IFD); Theo Ib Larsen, Magnus Cedergren, Mikkel Kallesoe and Jonathan Kingwill (IFU); Manfred Schepers, Sofia Vega and Sophie Gioanni (ILX); Mei Ching Ip (IRD); Ana Ravina, Matthew Newman, Dan Zook and Craig E. Courtney (ISF); Beatrice di Padua (ITUC CSI); Elrika Hamdi (JETP); Arsalan Mahtafar and Monia Bianco (JPM-DFI), Heewoong Kim, Elaine Genser and Maria Berenguer (Joint SDG Fund); Matthias Adler (KfW); Lars Ola Husby Engen and Thomas Fugelsnes (KPMG); Raul Rosale Araque (King’s College); Léonardo Puppetto (Lazard); Maud Le Moine (Lion’s Head Global Partners); Carmen Nuzzo and Valentin Jahn (LSE); Sudarshan Gooptu and Paul Barry (MCC); Camilla Nestor (MCS Social Impact); Jakob Tvede, Jesper Hilsted Andersen, Jørgen Østergård Bollesen and Camilla Valeur Nygaard (MoFA-DK); Victoria Bittner and Elias Spiekermann (MoFA-GER); Rien Strootman and Daniel Brink (MoFA-NL); Barbara Oldani (Nature Finance); Shaz Langha and Carleigh Chiaviello (Newmarket); Signe Kolbye Sørensen, Helle Backer and Magnus Ruderaas (Norfund); Paul Wade (Norad); Samantha Attridge and Neil Gregory (ODI); Philippe Valahu and Tim Streeter (PIDG); Markus Schuller (Panthera); Helene Mace and Nahed Saab (Proparco); Alessandro Scalco, Mark Chiaviello and Douglas Woods (RMB); Christian Braendli (SECO); Karin Svensson, Erik Korsgren, Jenny Krisch, Joram Awiti and Anna Holmryd (SIDA); Lasitha Perera (Development Guarantee Group); Marie Aimee Boury (Société Générale); Isabel Stainsby (Standard Chartered Bank); Katherine Stodulka (Systemiq Earth); Harald Hirschhofer and Thomas Oostheim (TCX); Beatriz Velez Gonzales (Bancolombia); Vito Dellerba (CDPQ); Stefan Diaconu and Julia Kho (Triplejump); Trisha Mani (UCISL); Krishnan Sharma, Pallavi Balakrishnan, Rabayl Mirza, Sreenidhi Rao and Tim Hilger (UNDESA); Casper Sonesson (UNCDF); Cameron Khosrowshahi (USAID); Catriona Marshall and Tomas Hos (former OECD) and José Carbajo (Independent Consultant).
The report was copy-edited by Jennifer Alain. We are grateful to Henri-Bernard Solignac-Lecomte, Ola Kasneci, Delphine Grandrieux and Katherine Kraig-Ernandes for their guidance and assistance with layouts and work on the manuscript, and to Stephanie Coic for the graphic design.