Blended Concessional Finance : Scaling Up Private Investment in Lower-Income Countries

Sierra-Escalante, Kruskaia ; Karlin, Arthur ; Lauridsen, Morten Lykke

International Finance Corporation, Washington, DC

关键词: CONCESSIONAL FINANCE;    BLENDED FINANCE;    PRIVATE INVESTMENT;    RISK MANAGEMENT;    EMERGING MARKET ECONOMIES;   

RP-ID  :  133880

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Blending funds from private investorswith concessional funds from donors and philanthropicsourceshas a strong potential to scale up investment inlower-income countries and thereby acceleratedevelopment.The use of blended concessional finance is already prevalentin lower-income countriesrepresenting over 70 percent ofIFC’s commitments. Recent strategies from developmentfinanceinstitutions including the World Bank Group indicatethat the relative share of lower-income countries in theglobal mix of blended concessional finance will increasefurther. Scaling up engagements in lower-income countriesrequires solutions tailored to local contexts, as well asthe deployment of the whole spectrum of development financetools, including advisory work, regulatory dialogue andreform, and a mix of blending instruments encompassing bothpricing and risk mitigation features.