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Development Finance Rethinks How to Mobilize Local Capital

Original: Who Builds the Pipeline? Rethinking How Development Finance Mobilizes Local Capital

The Center for Global Development has published a new analysis arguing that development finance institutions should focus less on generating deal ideas and more on building the local pipelines of banks, investors and intermediaries that can mobilize domestic capital for development projects. The piece calls for rethinking how these institutions crowd in local funding rather than substituting for it.

Why now: Development finance institutions are under pressure to do more with limited public funds by tapping private and local capital.

Center for Global Developmentdevelopment finance institutions

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