
Making blended finance work better for African and Least Developed Countries: Missing pieces in the development finance ecosystem
ECOSOC Financing for Development Forum /FFD4 Fourth Preparatory Committee Session
- Side Event
Lead organizers: Convergence Blended Finance, UN Capital Development Fund (UNCDF)
At the Fourth Preparatory Committee Session for the Fourth International Conference on Financing for Development (FfD4), the United Nations Capital Development Fund is calling for a shift in global financing priorities—one that places greater emphasis on localized investments and country-led blended finance solutions tailored to the realities of Least Developed Countries, Small Island Developing States, and other frontier markets.
Segment 1: Setting the stage (10 minutes)
- Honourable Ms. Kenyeh Barlay, Minister of Planning and Economic Development, Government of Sierra Leone
- Mr. Carsten Staur, Chair, OECD Development Assistance Committee
- Mr. Claver Gatete, Executive Secretary, UN Economic Commission for Africa
Segment 2: Optimal private investment mobilization for Developing Countries – focus on Africa and LDCs (20 minutes)
- Christopher Clubb, Managing Director, Convergence
Models for scaling private investment mobilization in LDCs and other frontier markets
- Pradeep Kurukulasuriya, UNCDF Executive Secretary
Introduction and the role of UNCDF in catalyzing private finance in early-stage markets
Segment 3: Interactive roundtable dialogue (30 minutes)
- Mr. Pasi Hellman, Under-Secretary of State for Development Policy, Ministry of Foreign Affairs, Government of Finland
- Ms. Jenny Krisch, Senior Policy Specialist Financing for Development, Swedish International Development Cooperation Agency
- Mr. Dhani Ram Sharma, Joint Secretary, Ministry of Finance, Government of Nepal
- Mr. Admassu Tadesse, President, Trade and Development Bank (Africa)
- Ms. Iftin Fatah, Senior Program Officer, Development Policy and Finance, Gates Foundation
- Ms. Srilata Kammila, Chief Investment Officer, UNCDF
Moderator: Pradeep Kurukulasuriya
Segment 3: Q & A with audience (15 minutes)
Moderator: Pradeep Kurukulasuriya
Closing remarks (5 minutes)
- Carsten Staur and Christopher Clubb