New report on mobilization of private finance by Multilateral Development Banks and Development Finance Institutions

27 Multilateral Development Banks (MDBs) and Development Finance Institutions (DFIs), including the European Investment Bank, published their latest report on their collective mobilization of private finance, which increased globally by 12% from the previous year to $71.1 billion in 2022.

The 2022 report "Mobilization of Private Finance by Multilateral Development Banks and Development Finance Institution s" also highlights that in lower-income countries alone, mobilization attributable to MDBs and DFIs rose to its highest level ever, $7.3 billion, a 41% increase from 2021.

The report outlines the increasing role MDBs and DFIs are playing in mobilizing finance to achieve the United Nations Sustainable Development Goals (SDGs), as the world approaches the 2030 deadline, and emphasizes the call from G20 nations for a "big push on investments" to meet these goals. The report also notes that MDBs have been innovating and expanding their financial instruments to attract more private sector investment and mobilize capital.

New disaggregated data are provided in this edition, including private climate finance mobilized. They reveal that 32% percent of the private mobilisation for middle- and low-income countries in 2022 focused on climate change.

Finally, the report concludes that MDBs are continuing to innovate to mobilize new sources of funding and remain committed to scaling up private capital mobilization.