The other day I visited Lydia, a 56-year-old Maya woman who lives with her family in the highlands of Guatemala and has for many years Read More
Date 30 November 2016 Time 13.30–14.30 pm (EAT) Location Kenyatta International Convention Centre (KICC), Nairobi, Kenya Co-hosts Development Initiatives, Oxfam International, UK Aid Network Speakers Roberto Ridolfi, Director for Sustainable Growth and Development, DG Devco, European Commission Dr Fanwell K. Bokosi, Executive Director, Afrodad Gladys Ghartey, Head, United Nations Systems Unit, Ministry of Finance, Ghana Representative of USAID Suresh Samuel, Managing Director for Africa, OPIC Moderator Harpinder Collacott, Executive Director, Development Initiatives About this event Financing the ambitious 2030 Agenda for Sustainable Development will be a huge undertaking, with a funding gap estimated at US$1.9–3.1 trillion each year between now and 2030. Blended finance – using development cooperation to de-risk, crowd-in or ‘leverage’ private investments in development – has been presented by some as having the potential to help fill this funding gap. Yet challenges exist in delivering blended finance in line with development effectiveness principles, and evidence allowing stakeholders to understand the opportunities and risks involved is limited. This panel discussion between providers of blended finance and key stakeholders and experts from civil society and partner countries aims to explore blended finance partnerships, deepen understanding of opportunities and challenges for development effectiveness and, where possible, identify solutions
See more here: Ministers of Finance champion investment in Early Years – through the Global Finance Facility
Devex: The future of health financing: Investing in data Annie Haakenstad, Ph.D. candidate in the global health and population department at the Harvard T.H. Chan School of Public Health, and Joseph Dieleman, assistant professor at the Institute for Health Metrics and Evaluation at the University of Washington “…The future of health financing … requires investments…More
Devex: Opinion: The future of health financing Pape Amadou Gaye, president and CEO of IntraHealth International “…International donors and development partners must change the way we work and the value we provide as we move toward more [low- and middle-income countries (LMICs)] financing their own health sectors. How will we get there? First, we will…More
Devex: Margaret Chan attempts one last WHO funding boost “Margaret Chan isn’t backing down in her last few months in office. Early this week, she engaged member states in her fourth — and last — financing dialogue in hopes of convincing them to increase their contributions to the World Health Organization. The outgoing director general…More
In low- and middle-income countries (LMICs), the private sector—including international donors, non-governmental organizations, for-profit providers and traditional healers—plays a significant role in health financing and delivery.
Bill & Melinda Gates Foundation’s “Impatient Optimists”: Ministers of Finance champion investment in Early Years — through the Global Finance Facility Shawn K. Baker, director of nutrition at the Gates Foundation; Mariam Claeson, director of the Global Financing Facility; and Julie McLaughlin, adviser to the vice president for human development at the World Bank Group,…More
This paper examines existing development effectiveness principles using the principles established in the 2011 Busan Partnership Agreement (country ownership; transparency and accountability; a focus on results; and inclusive partnerships). We’ve analysed these principles against what is known about policies, strategies and principles for blended finance. Key learnings All development effectiveness principles are conceptually reflected to some degree in blended finance approaches. However, three key barriers to delivering on the principles may exist: Lack of agreement between all stakeholders (or appropriate dialogue platforms for reaching agreement) on the role of blended finance in delivering sustainable development objectives and therefore on what ‘effectiveness’ means. Recognition that the principles are important, but lack of consensus between stakeholders on how they should be operationalised in blended finance
Event Replay Government leaders and advocates came together during the Annual Meetings to discuss a major development goal – ensuring everyone has access to affordable financial services such as a bank or mobile money account. While a lot of progress has been made on “financial inclusion,” new rules affecting the flow of funds threatens to slow or even reverse some gains.Financial Inclusion not Exclusion: Managing De-Risking brought together Queen Máxima of the Netherlands, US Treasury Secretary Jack Lew, Zhou Xiaochuan, Governor of the People’s Bank of China, Sri Mulyani Indrawati, Indonesia’s Minister of Finance. Arun Jaitley, India’s Minister of Finance, World Bank Group President Jim Yong Kim, and Juan Manuel Vega-Serrano, the president of the Financial Action Tax Force (FATF), which sets international standards for combating money laundering, terrorist financing and other related threats. Some 700 million people were brought into the formal financial system between 2011 and 2014 – a major success – but 2 billion people remain cut off, said Queen Máxima, who is the United Nations Secretary-General’s special advocate for inclusive finance for development.