Bayliss, Kate, Bonizzi, Bruno, Dimakou, Ourania, Laskaridis, Christina, Sial, Farwa and van Waeyenberge, Elisa (2020) The use of development funds for de-risking private investment: how effective is it in delivering development results? Other. European Union, Belgium.

PDF - Published Version Restricted to SRO admin only Download (1MB)

Abstract

The use of Official Development Assistance (ODA) to mobilise private finance is increasingly seen as essential to meet the Sustainable Development Goals (SDGs). Numerous development agencies have set up diverse de-risking initiatives to attract private investment to development projects and the EU is planning to scale up blending support in the near future. Such measures have reportedly been successful in raising private finance and in improving development outcomes, but there are concerns with this approach. Private shareholders may receive funds at the expense of sectors and regions where they are most needed. Funds remain insufficient to plug the SDG funding gap. Blending can create longer-term risks for development agencies and costs for recipient governments. Traditional evaluations often do not capture the full impact of such policies. Furthermore, there is an opportunity cost to using ODA in this way and blending may promote the perspective of financial investors over development outcomes.

Item Type:	Reports and working papers (Other)
Schools and Departments:	School of Global Studies > Anthropology
SWORD Depositor:	Mx Elements Account
Depositing User:	Mx Elements Account
Date Deposited:	01 Oct 2021 12:35
Last Modified:	17 Nov 2021 11:46
URI:	http://sro.sussex.ac.uk/id/eprint/102006

View download statistics for this item

📧 Request an update