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Beyond Leverage Ratios: A Strategic Approach to Blended Finance

This study rethinks how blended finance should be assessed, shifting the focus from private capital leverage ratios to net social returns, which consider broader economic impacts and taxpayer costs.…

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Annual Reports: DFI Working Group on Blended Concessional Finance for Private Sector Projects

Blended concessional finance—combining concessional funds with Development Finance Institutions’ (DFIs) commercial financing—is used to unlock private investment for sustainable development. …

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Mobilization of Private Finance: 2020+2021 Joint Report

Since the 2015 Addis Ababa conference, MDBs have worked to mobilize private capital to meet the SDGs. Despite setbacks from the 2020 pandemic, MDBs maintained stable private capital mobilization in…

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Scaling Up Blended Finance: The Key to Closing The Infrastructure Investment Gap in Emerging Markets

The global infrastructure gap in emerging markets surged from $0.7 trillion in 2017 to $3 trillion in 2022. Public resources alone are insufficient, and private investors remain hesitant due to high…

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A Focused Assessment of the International Development Association’s Private Sector Window

The IDA PSW is a blended finance mechanism supporting high-risk private investments in IDA and fragile/conflict-affected (FCS) countries through IFC, MIGA, and private partners. This evaluation…

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Blended Finance Best Practice: Case Studies and Lessons Learned

Blended finance strategically uses concessional public or philanthropic funds to reduce investment risks and attract private capital to infrastructure in developing regions. It addresses barriers…

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Mobilization of Private Finance in 2023

Private capital mobilized by multilateral development banks (MDBs) to middle- and low-income countries rose $87.9 billion in 2023, marking a 24 percent increase from the previous year, according to…

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IFC's Blended Finance Program

IFC is a global leader in blended finance, using concessional donor funds to mobilize private investment in high-impact, challenging environments. Since 2010, IFC has committed $5.9 billion to…

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Understanding Hybrid Public-Private Partnerships: A Model for Delivering Infrastructure

Hybrid Public-Private Partnerships (PPPs) blend public funds, private investment, and concessional finance—often from the World Bank Group—to deliver essential infrastructure services affordably and…

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Policy Brief: Mobilizing Blended Finance for Public-Private Partnerships (PPPs)

This policy brief highlights how blended finance can address the $2.5 trillion annual SDG financing gap by mobilizing private capital for Public-Private Partnerships (PPPs). Despite PPPs’…

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MDB Methodology for Private Investment Mobilization: Reference Guide

This 2018 reference guide, jointly issued by Multilateral Development Banks (MDBs), outlines a standardized methodology for measuring and reporting private investment mobilization. It introduces…

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Private Sector Window Utilization and Implementation

The Private Sector Window (PSW), launched in IDA (International Development Association) 18 and continued through IDA20, mobilizes private investment in IDA-only and fragile/conflict-affected…

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New Pathways Towards Mobilizing Private Capital

The World Bank highlights a shift from solely financing assets to financing risk capital to mobilize private capital more effectively, especially for climate and development needs. Amid fiscal…

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Mobilizing Private Capital for the Sustainable Development Goals

This paper reviews financial instruments and regulatory strategies aimed at mobilizing private investment for achieving the 2030 Sustainable Development Goals. Using a theoretical framework that…

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How Blended Finance Can Reorient Cautious Private Investors to Infrastructure

The growing dominance of private capital, amid declining public wealth and rising debt, highlights the need to mobilize private finance to close the $3 trillion annual infrastructure gap. …

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Blended Finance in Infrastructure

Published in February 2024 by the Global Infrastructure Hub (G20 initiative), this report analyses 162 emerging market blended finance infrastructure deals (2013–2022), totalling USD 34 billion.…

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Using Blended Concessional Finance to Invest in Challenging Markets

The Blended Finance Facility (BFF), part of the IDA Private Sector Window, combines concessional IDA funds with IFC financing to support high-impact, commercially challenging private sector projects…

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Blended Finance Facility (BFF)

The Blended Finance Facility (BFF) combines IDA PSW resources with IFC investments to support high-impact sectors like SMEs, agribusiness, health, education, climate, and infrastructure. It…

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Risk Mitigation Facility (RMF)

The Risk Mitigation Facility (RMF) is part of the IDA Private Sector Window and provides project-based guarantees without requiring sovereign indemnity. Its objective is to mobilize private…

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IDA Private Sector Window

The IDA Private Sector Window (PSW) is a $2.5 billion initiative by the World Bank Group under IDA18–20 to catalyze private investment in the poorest and fragile countries. It supports high-…

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Revenues

Revenues are a critical component of any financial model, providing the income streams necessary to ensure the viability and sustainability of a project. In infrastructure projects, revenues can come…

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Credit Rating Agencies and Sovereign Debt: Four Proposals to Support Achievement of the SDGs

The COVID-19 pandemic heightened fiscal strain in developing countries, triggering disproportionate sovereign credit downgrades and discouraging participation in debt relief programs. Three key…

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How blended finance can reorient cautious private investors to infrastructure

Blended finance is a way to improve risk-adjusted returns and mobilize private capital to close infrastructure financing gaps. Sustainable, optimal, and innovative strategies can increase private…

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Further Reading: Municipal Solid Waste (MSW) PPPs

Further readingWaste PPPs, Handshake, International Finance Corporation's (IFC's) quarterly journal on public-private partnerships, Issue # 12, 2014.Encap Africa has developed a section on solid…

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Further Reading: Telecommunications / Information & Communication Technology PPPs

Further ReadingBroadband Investment Handbook (European Commission) - This handbook, prepared for the European Commission, aims to assist public authorities in planning, implementing, and monitoring…