This paper deals with the questions Where, for what and when should blended finance be used and promoted? It does so in a manner that lends support to the argument that more attention should be given to the mobilisation of public resources – domestic as well as international (ODA). Leveraged private capital is important but cannot and should not play the most important role in financing the SDGs in developing countries – in particular the core social SDGs.

A short version of the paper is published in this blog.