This event, co-hosted with CGD, marked the launch of our new proposed approach for measuring and disclosing private capital mobilisation. Key public and private stakeholders discussed the importance of mobilising more private capital in emerging markets and developing economies, how MDB approaches need to evolve, and the best ways to disclose, assess, and report on their performance.
With growing calls for both more and better targeted development finance to address rising global needs, private capital mobilisation (PCM) provides an essential part of the solution. For development finance institutions to reach the required scale, accurate measurement and disclosure of PCM data is necessary, so that DFIs and their stakeholders can better identify the most effective mechanisms for increasing the flow of private capital to emerging and developing economies. Gary Forster and Nancy Lee examine why Publish What You Fund is proposing a new method for better measurement and more disaggregated disclosure of mobilisation.
As the World Bank prepares to finalise its new gender strategy, we ask how you can identify World Bank projects targeting gender equality, their location, sector, amount of funding and most importantly their impact. In short, you can’t. We set out why this matters for accountability and how the Bank should address the transparency gaps in its gender strategy and implementation plan.
the recent report of the G20 Independent Expert Group (IEG) offers a blueprint for how multilateral development banks (MDBs) can be scaled effectively to increase lending to emerging and developing economies. Paul James looks into the mobilisation of private finance targets in the IEG report, and outlines three changes that are needed if we are to better understand mobilisation and ultimately drive changes that will result in its growth.
Publish What You Fund has examined how development finance institutions are disclosing their 2X investments and found big gaps in the information available. The lack of standardised disaggregated information makes it almost impossible to get the granular insights that are needed to measure the value, impact, and progress of gender lens investing. In a new research paper we assess the current state of 2X disclosure and suggest how the 2X community can improve its transparency and accountability.
The mobilisation of private finance for development outcomes was a central part of the discussions during the recent Paris summit, with more emphasis placed on the need to mobilise “at scale”. However, without improved measurement and increased transparency, it will be impossible to tell whether or not these new commitments deliver on their promises.
