News & Insights
Explore our latest developments and innovative thinking
Creative Destruction and Moore’s Law: Lessons for Post-COVID Sustainable Finance
They both rose to fame decades ago. One was an Austrian economist; the other, an American engineer. What can Joseph Schumpeter and Gordon Moore possibly teach us about sustainable finance in the 21st century? One Word: Productivity Why? Because our world is...
Innovative Blended Finance for a Post-COVID World
As we know, the target finish line for the 17 Sustainable Development Goals (SDGs) is only 10 years away. Efforts toward realizing these SDGs – for severe poverty, education, health, agriculture, economic growth, social equality, climate, and other issues – are more...
From Frescoes to Finance: The Art of the Financing Proposal — Three Steps to Success
To attract capital in today’s environment, you need a clear, compelling financing proposal. With so much riding on this document, it’s startling that so many miss the mark. This article provides a simple yet effective winning formula. When Michelangelo agreed to...
Measuring Success in Development Finance: The Case for a Development Return on Capital
In developing and frontier markets, the lines between aid, trade, and investment are – once again – blurring. Despite their markedly different DNAs, aid agencies, development finance institutions, export credit agencies, private funds, and commercial banks...
Mind the Gap: Canada’s Infrastructure Funding Gap — Smart Money, Smart Solutions
Let’s take a simple, sensible look at Canada’s infrastructure funding needs. The country’s infrastructure funding needs are, in a word, enormous. Unfortunately, the funding gap between total needs and public monies pledged (federally, provincially, municipally) is,...
Living in Interesting Times: Risks and Opportunities for Development Assistance Agencies
The world of development finance is changing in leaps and bounds. Witness the growing presence of major foundations and super-NGOs; massive inflows and outflows of private capital into developing and frontier markets; innovative financial structures such as...
Impact Investing Gets Personal
Impact investing is a big deal – not just in developing and emerging markets, but throughout the Western world as well – now, more than ever before. Why? Because financial pressures on companies and individuals have been growing for years, and the ongoing COVID...
Accounting for Impact: Emerging Approaches to Track Sustainability Risks and Rewards
Impact measurement and reporting largely remains a woolly science, with a dizzying array of frameworks, benchmarks, and reporting. Within the development finance and impact investing communities, especially, a plethora of approaches abound. Development finance...
Social Bonds: Help or Hype?
“Social bonds” – an admittedly loose term in developing finance – are quickly becoming one of the Next-Big-Things. In fact, since 2017, the International Finance Corporation (an affiliate of the World Bank) has issued 39 social bonds totaling more then $3 billion. ...
What’s Next? Reimagining Blended Finance
It’s time for an honest conversation about the elephant in the room. We need to rethink – reimagine -- blended finance. We need a BF 2.0. Why? Blended finance, in its current form, is in a rut. According to Convergence’s report The State of Blended Finance 2019,...