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13 Sep 22

Webinar: What does today’s macro-economic outlook mean for blended finance?

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We live in a tumultuous time. The war in Ukraine continues to rage, leading to mounting death and destruction within the country and impacting food systems globally, all while COVID-19 still affects populations and disrupts economies worldwide. This has led to rampant inflation, which has tightened pocketbooks and affected aid budgets.

What happens when public sector funding becomes increasingly limited due to tighter fiscal policies? What can be done differently to deploy limited resources more efficiently? Can domestic resources in developing countries be mobilized locally and leveraged? What happens when higher inflation (globally) diminishes the real return on investments? What does this mean for achieving the Sustainable Development Goals, as we find ourselves eight years from 2030?

On September 8, 2022 Convergence hosted a webinar to provide an overview of the current economic conditions, challenges and opportunities and seek to understand what this macro-economic environment means for blended finance and for different actors in this space.

The webinar featured an expert panel:

  • Joan Larrea, Moderator, Chief Executive Officer, Convergence
  • Leonce Ndikumana, Distinguished Professor of Economics, UMass Amherst & Director African Development Policy Program, PERI
  • Neil Gregory, Thought Leader on Private Finance for Development & Lecturer SAIS, Johns Hopkins University
  • Matthieu Pegon, Head of Blended Finance, IDB Invest
  • El-hadj Bah, Chief Policy Economist, African Development Bank Group

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