Making Blended Finance Work for the Sustainable Development Goals
The global community has spoken loud and clear: more resources must be mobilised to
end extreme poverty and mitigate the effects of climate change. Blended finance -
an approach to mix different forms of capital in support of development - is emerging
as an important solution to help raise resources for the Sustainable Development Goals
in developing countries. But scaling up blended finance without a good understanding
of its risks could have unintended consequences for development co-operation providers.
This report presents a comprehensive assessment of the state and priorities for blended
finance as it is being used to support sustainable development in developing countries.
It describes concepts and definitions, presents an overview of actors and instruments,
and discusses lessons learned from blending approaches, tracking and data, and monitoring
and evaluation. Its findings and recommendations are useful for policy makers and
'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
'Official development assistance continues to be a key way to finance efforts aimed
at eradicating extreme poverty. However, the challenge is more than governments alone
can manage. We must all think, work, finance and deliver development differently to
mobilize private-sector resources and expertise to help the world’s poorest and most
vulnerable people. Canada continues to promote innovative approaches to finance development
and achieve sustainable growth for everyone.'
The Honourable Marie-Claude Bibeau, Canada's Minister of International Development
and La Francophonie.
Published on January 29, 2018Also available in: French