The Principles of MDBs’ Strategy for Crowding-in Private Sector Finance for Growth and sustainable Development promotes effective approaches to maximize the mobilisation and catalyzation of private sector resources to support countries with the implementation of the 2030 Development Agenda – including through financial and management resources and innovation. These interventions must be economically viable; market-based while fiscally and commercially sustainable; balanced from a risk-reward perspective; transparent; cost effective and implementable, ensuring at all times that such interventions meet the standards for development effectiveness, social and environmental safeguards and are aligned with commitment to climate smart investment.
Publication Date: 04.2017