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   abstract => protected'Blended finance, which aims to mobilise private capital towards sustainable 
      development in developing countries (OECD, 2018), is becoming increasingly i
      mportant for bridging the investment gap for the Sustainable Development Goa
      ls (SDGs). However, little is known about its development impact. This repor
      t presents the findings of a systematic search on blended finance studies an
      d evaluations, which are visualised as an evidence gap map (EGM). The EGM pr
      esents the results on a matrix of eight blended finance instruments and 14 s
      ub-effects, which were grouped into four categories of effects: financial ad
      ditionality, development additionality, market development and sector effect
      s. The search identified 33 publications that met the inclusion criteria, co
      ntaining 87 individual pieces of evidence. Almost half of the blended financ
      e instruments focused on results-based incentives, with grants and guarantee
      s being the next most numerous. Most of the evidence was found in programme
      evaluation reports (67%), while (quasi-)experimental evidence was scarce (12
      %). The comparison with a blended finance database (Convergence, 2020) show
      ed that the increase in the size of the blended finance market from USD 16 b
      illion in 2007 to USD 136 billion in 2018 did not trigger a similar increase
       in research. A particularly strongmismatch between frequency of use and lac
      k of research was found for insurance, hedging and junior/subordinated capit
      al, and for sector effects in energy and financial services.
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      title => protected'The state of the evidence on blended finance for sustainable development' (72 chars)
      abstract => protected'Blended finance, which aims to mobilise private capital towards sustainable 
         development in developing countries (OECD, 2018), is becoming increasingly i
         mportant for bridging the investment gap for the Sustainable Development Goa
         ls (SDGs). However, little is known about its development impact. This repor
         t presents the findings of a systematic search on blended finance studies an
         d evaluations, which are visualised as an evidence gap map (EGM). The EGM pr
         esents the results on a matrix of eight blended finance instruments and 14 s
         ub-effects, which were grouped into four categories of effects: financial ad
         ditionality, development additionality, market development and sector effect
         s. The search identified 33 publications that met the inclusion criteria, co
         ntaining 87 individual pieces of evidence. Almost half of the blended financ
         e instruments focused on results-based incentives, with grants and guarantee
         s being the next most numerous. Most of the evidence was found in programme
         evaluation reports (67%), while (quasi-)experimental evidence was scarce (12
         %). The comparison with a blended finance database (Convergence, 2020) show
         ed that the increase in the size of the blended finance market from USD 16 b
         illion in 2007 to USD 136 billion in 2018 did not trigger a similar increase
          in research. A particularly strongmismatch between frequency of use and lac
         k of research was found for insurance, hedging and junior/subordinated capit
         al, and for sector effects in energy and financial services.
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The state of the evidence on blended finance for sustainable development | Rigorous Impact Evaluation - DEval.org
Evidence Gap Map (EGM) Completed

The state of the evidence on blended finance for sustainable development

Sector (OECD DAC Codes)
Banking & Financial Services
Involved Organisation
German Institute for Development Evaluation (DEval)
Funding
DEval
Year (Time of completion)
2020

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