EDFI is pleased to showcase prominent experts and their perspectives on global development finance topics. Their insights offer refreshing perspectives on our work and the challenges we face.
European DFIs and their countercyclical role
DFIs are asked to step forward when others step back. This is never easy. Demand for investment falls when businesses face uncertainty. Projects in the pipeline get put on hold as firms decide to pause fund-raising plans. DFIs have a duty to swim against the tide, but that does not make losing money by attempting to prop up failing businesses a responsible use of taxpayers’ funds that could be invested for impact elsewhere.
European DFIs: A Marked Shift in Efforts and a Clear Path Ahead for Climate Finance
Our work is accelerating, rapidly, and the methodological rigor is increasing at an equal pace. Evidence of this can be seen in the climate finance results alone. In 2022, 33% of new investments at the EDFI level were tracked as climate finance – double the level in 2020 – just two years later.