When the world adopted the 2030 Sustainable Development Goals (SDGs), policymakers knew that aid alone would never meet the financing needs. In a new paper, we are proposing the Stretch Fund, to partner with DFIs. The Stretch Fund would “stretch” the capital of existing DFIs in two ways: by expanding the spectrum of investments in which DFIs can participate; and by taking on high-risk tranches to open up more DFI investment opportunities.
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