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If developing countries are going to meet the sustainable development goals—ending poverty, getting kids into school, building health systems, creating jobs, and more—they’re going to need money. Lots of it. And some of that investment will need to come from the private sector.
Director of Development Finance and Senior Policy Fellow
Earlier this month, CGD brought academics, policymakers, and practitioners together in Geneva for a conference on “Blended Development Finance and the New Industrial Policy.” The conference tackled two big questions: how development finance institutions can “blend” together public and private finance, and what governments can do to kickstart economic growth.
In the midst of the conference, CGD's Mark Plant, Director of Development Finance and Senior Policy Fellow, sat down with Martin Chrisney, Director of the International Development Assistance Services Institute at KPMG, to get a private-sector perspective on blended finance and development. Listen to their conversation in this week's podcast.
The world, as they say, is moving “beyond aid.” As true as that may be in aggregate, however, the trend doesn’t apply evenly across groups of countries. While fairly significant data gaps prevent a complete and unbiased picture, the available data show that ODA remains a comparatively prominent source of external financing for fragile states.