The global development finance landscape is under growing strain. Amid intensifying fiscal pressures and tightening public budgets, mobilising private finance has become a critical strategy in efforts to achieve more effective sustainable development outcomes. At the Fourth International Conference on Financing for Development (FFD4) in Sevilla, the international community reaffirmed the urgency of scaling up private finance mobilisation while improving its effectiveness, transparency and alignment with sustainable development priorities, an imperative also reflected in the OECD Secretary-General’s Taskforce on Mobilisation. The current DAC review process will also help position the use of official development assistance within the broader landscape of sustainable finance and demonstrate how it complements and enables other forms of development finance, including mobilising the private sector.
Within this context, the OECD’s 2025 Private Finance Mobilisation Report provides a crucial stocktake of where mobilisation efforts stand today. Drawing on the OECD Development Assistance Committee’s statistical framework, the report offers the most comprehensive and internationally comparable evidence on private finance mobilised by official development finance interventions. It sheds light on which instruments and approaches are working, where progress has stalled, and which sectors and regions continue to be left behind.
While private finance mobilisation has increased over time, the evidence in this report shows that volumes remain well below what many had hoped for at the time of the adoption of the Sustainable Development Goals in 2015. Mobilisation outcomes remain highly concentrated across a limited number of instruments, providers and markets, raising important questions about scalability, risk sharing and the targeting of public resources. Strengthening the quality of mobilisation, improving data transparency and ensuring that mobilised finance contributes meaningfully to development outcomes are therefore as important as increasing volumes.
This report is intended to support policymakers, development finance providers and their partners in making more informed, evidence-based decisions on how to deploy scarce public resources to crowd in private investment effectively. By providing robust data, analytical insights and forward-looking recommendations, it aims to contribute to a more coherent, accountable and impactful mobilisation agenda in line with the commitments made at the FFD4 in Sevilla in July 2025. In an increasingly constrained global environment, getting mobilisation right is no longer optional; it is essential.
Pilar Garrido
Director
OECD DCD
Carsten Staur
Chair
OECD DAC
