There’s an $8tn global finance gap to support SMEs, and development finance institutions alone can’t make up the shortfall in emerging economies. Research launched at the FFD4 conference spotlights how DFIs can catalyse much more capital.
Development finance institutions say they invest where others will not. Yet they've set up investment standards that all but guarantee that their dollars flow to megafunds and big, profitable companies that don't really need their help.