EDFI & ODI launch 2nd essay series exploring the catalytic effects of DFIs and private impact investors on gender equality, climate change action, and the benefits of harmonising impact standards.
Private investment and a robust private sector are fundamental drivers of economic growth and job creation, which are key ingredients to help tackle poverty. Development finance institutions (DFIs), with their core mandates to promote economic growth through their financing, risk sharing and supporting activities, have been assigned a key role in supporting the achievement of the Sustainable Development Goals (SDGs) and the implementation of the United Nations Framework Convention on Climate Change (UNFCCC) Paris Agreement.
This step into the limelight has been accompanied by greater scrutiny of DFI strategies and operational issues, including an increased demand by shareholders and other stakeholders to better understand the impact of DFI investment on the SDGs and the Paris Agreement, as well as for greater accountability and transparency on how this impact is achieved.
This essay series focuses on the three themes of the 2021 EDFI impact conference, which was held in May 2021: