Reality Check Needed for Blended Finance

A new report by the Overseas Development Institute (ODI) calls for a reality check on efforts to mobilize, structure and deploy blended capital—from the private, public and philanthropic sectors—to accelerate implementation of the Sustainable Development Goals (SDGs). “The current approach is not leveraging significant amounts of private investment overall and very little for low-income countries,”…(Read more)

Learning-Oriented Real-Time Impact Assessment

On April 15-17, 2019, the Independent Evaluation Unit (IEU) of the Green Climate Fund (GCF) held its most annual Learning-Oriented Real-Time Impact Assessment (LORTA) workshop, this time at the University of Mannheim in Mannheim, Germany. Serving a growing number of approved GCF projects, LORTA technical assistance services provided by the Unit (Read more)

Africa’s Growing Digital Economy

Writing in the Harvard Business Review, McKinsey’s Acha Leke and Tawanda Sibanda underscore the rapid growth digital business in Africa: “Africa already has 122 million active users of mobile financial services, more than half the global total. Its number of smartphone connections is forecast to double from 315 million in 2015 to 636 million in…(Read more)

Operating Principles for Impact Management

On April 12, 2019, 60 global investors launched the International Finance Corporation’s new Operating Principles for Impact Management at the annual meetings of the World Bank and International Monetary Fund.  Founding signatories to the principles included international banks, insurance companies, private equity funds, development finance institutions and non-profit impact investment funds.  The principles are aimed…(Read more)