This Policy Brief outlines the latest trends in the mobilisation of private finance by official development finance interventions for sustainable development, climate, and biodiversity goals in emerging markets and developing economies (EMDEs). The data show that, while private finance mobilisation has grown —reaching USD 70 billion in 2023— it remains overall limited and concentrated in middle-income countries and a narrow set of sectors.
The OECD’s internationally agreed standard for measuring and collecting evidence on private finance mobilised –on which this Brief is based– provides the most comprehensive, comparable and robust source of data in this area. Yet, as the Brief stresses, informing more effective mobilisation policies and investment decisions requires further improvements, in order to better capture emerging forms of mobilisation such as portfolio risk transfers, balance-sheet operations, and catalytic interventions. The Brief thus recommends priority actions for policymakers in terms of transparency, reporting, and global co-operation.
