The Changing Development Finance Landscape: Lessons and Strategies from an NGO that’s Shaping the Process
Speaker: Aron Betru, Cofounder and Chief Executive Officer, Financing for Development (F4D).
Over the past 15 years, development financing has undergone a dramatic landscape shift. The Organisation for Economic Co-operation and Development (OECD’s) Development Assistance Committee Official Development Assistance (DAC ODA) as a share of total external development financing has decreased from ~20% to ~10%. Of that aid, up to 28 cents of every dollar is lost due to disbursement volatility and cash flow inefficiency – particularly with respect to global health programs. Fortunately, there is a growing trend that is causing a convergence of both the need for innovative financing approaches and the appetite to deploy them. In line with this trend, Financing for Development’s (F4D) mission and vision as a nonprofit organization is to facilitate innovative financing approaches as a means of increasing efficiency of international and domestic development financing. By advocating for, executing, and evaluating innovative financing solutions, F4D aims to bolster local economic development with long term private sector co-investment.