The mix of public and private funding for development cooperation, also known as “blended finance”, is creating new challenges for evaluation. In recent years, DEval has contributed subject-specific and methodological expertise on measuring the impact of blended finance projects to various OECD working groups. Since 2024, it has been focusing increasingly on measuring additionality. That is because, when public funds are used to mobilise private funds for development policy objectives, it is particularly important that they are used in a way that complements, rather than displaces, private sector investment.
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