ASFI Submission to the Development Finance Review

ASFI was pleased to make a submission to the Australian Government’s Review of Development Finance. The submission recommends that the Australian Government develop a dedicated international blended finance capability.

“Blended finance” is the use of public money to increase private sector finance and investment in sustainable development. A new blended finance capability focussed on the Asia-Pacific would enhance the Australian Government’s ability to mobilise private finance and investment into activities, companies and infrastructure that provide jobs and improve livelihoods in our region.

This would amplify the impact of Australia’s aid program, helping countries to meet their development and climate goals and positioning Australia as a “partner of choice” in our region.

Please read the submission here.