In this wide-ranging interview from the sidelines of the Summit for a New Global Financing Pact, Dr Hubert Danso, Chair of the South-African based financial services group Africa Investor, calls for multilateral development bank (MDB) reform to mobilise capital at scale in emerging markets and developing economies.

Dr Danso, a supporter of the UN-convened Net-Zero Asset Owner Alliance’s Blended Finance workstream, says asset owners must develop and design new financing vehicles and then call on the MDBs and philanthropists to support with a blended solution, at scale.

This ‘blended investment’ is the future and needs to be led by asset owners so that it’s aligned with investment mandates, policy, and at-risk-adjusted return expectations.

To support the critical just transition, asset owners would be advised to support the evolution of the Global Emerging Markets (GEM) database, which brings together the data on loans held in MDB portfolios, so that it is accessible to investors to use for accurate risk assessment.

Investors should work with MDBs to not only open the database but expand it with new inputs from the investment community and rating agencies towards GEMS 3.0—an asset allocation tool that supports the alignment of investment with the Sustainable Development Goals (SDGs).

Useful links:

Net-Zero Asset Owner Alliance calls on Policymakers to Support Scaling Blended Finance: [ Ссылка ]

Policymakers must support blended finance to achieve Paris climate goals and the SDGs, says Net-Zero Asset Owner Alliance: [ Ссылка ]

The Net-Zero Asset Owner Alliance urges G7 Finance Ministers to join its call for MDB and DFI reform: [ Ссылка ]

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