Prototype Action Plan to Mobilize Private Investment at Scale

This report focuses on good practice blended finance to mobilize private investment at scale to achieve the mobilization objectives of the FFD4 Outcome Document and the COP29 New Collective Quantified Goal (NCQG). The report identifies how developing and developed country governments can use some fiscal resources and govern development finance institutions (DFIs) to reduce risk and mobilize. But developing country governments will also require a strong blended finance enabling environment and framework to participate in good practice mobilization. The Strategic Framework for Blended Finance published by UNDP and Convergence describes how developing country governments can create that enabling environment.