More than $160 billion in private investment was mobilized by Multilateral Development Banks (MDBs) and Development Finance Institutions (DFIs) in 2017. This amount demonstrates the potential of these organizations in the global efforts to promote inclusive and sustainable growth, fight poverty and inequality, and protect the planet.
In 2015, the Third International Conference on Financing for Development recognized that the world needs to move from billions to trillions of dollars of financing to achieve the Sustainable Development Goals (SDGs). In response, Multilateral Development Banks (MDBs) and Development Finance Institutions (DFIs) have taken steps to mobilize and catalyze more private investment.
Mobilization of Private Finance by Multilateral Development Banks and Development Finance Institutions 2017 - builds on last year’s report that published, for the first time, a joint framework and methodology developed by the MDBs to measure private investment mobilized by these institutions. For the first time now, several European Development Finance Institutions adopted the framework and contributed their amounts of private finance mobilized. The 2017 report also contains breakdowns by countries’ income level and regions, and details on areas of investment.
This report complements MDBs and DFIs’ individual financial statements by reporting on amounts mobilized, directly and indirectly, from private investors alongside their investment and advisory operations. It also includes MDBs pilot case studies aiming at identifying a variety of approaches to capture additional private investment catalyzed beyond or after MDB supported investment and advisory projects.
In its case study, the EIB estimated 108 million USD private investment catalyzation for its funding of a key power supply project in Tanzania.