G20 Principles to Scale Up Blended Finance in Developing Countries, including Least Developed Countries and Small Island Developing States
The G20 Action Plan on the 2030 Agenda for Sustainable Development laid the first step for alignment of G20 work across all relevant workstreams with the 2030 Agenda and its SDGs. That process is still ongoing to tackle the alignment of all public and private finance with the SDGs. The key role of innovative financing mechanisms, including blended finance, to unlock new sources of finance to fill the SDG financing gap has been consistently recognized by the G20.
The G20 Principles to Scale Up Blended Finance in Developing Countries, including Least Developed Countries (LDCs), and Small Island Developing States (SIDS), in continuation of the G20 FSD Framework endorsed in 2020 under the Saudi Presidency, and the work undertaken by the Italian presidency on the G20 Framework for Voluntary Support to INFFs, the G20 High-Level Principles on Sustainability-Related Financial Instruments, and the G20 Common Vision on SDG Alignment. The G20 Principles set out a set of voluntary principles that reflect our common strategic direction and aspiration for scaling up blended finance implementation in developing countries, including LDCs and SIDS.
G20 Principles to Scale Up Blended Finance in Developing Countries