Bringing blended finance to scale - Closed Meeting
Room: BB12
Description
Two major themes of the 2018 PF4SD Week was that although blended finance has demonstrated itself to be an effective development tool, it is not yet achieving scale and not flowing to low-income countries sufficiently. Convergence’s database identifies the median blended finance project at $60 million relative to a $2.5 trillion SDG Investment Gap.
DIFD, the THK Mobilisation Working Group, the OECD and Convergence have responded to create a Working Group, under DFID leadership, of development-focused organizations prepared to commit capital to blended finance projects at below-market risk-returns to mobilise investment to the SDGS – to achieve development impact and mobilize investment at scale.
