SlideShare a Scribd company logo
1 of 2
Download to read offline
STRENGTHENING THE
LOCAL DIMENSION OF
BLENDED FINANCE
Co-hosted by OECD, The European Centre for
Development Policy Management (ECDPM) and The African
Center for Economic Transformation (ACET)
Wednesday 16 January, 10:00-11:15
At the Private Finance for Sustainable Development
Conference (PF4SD)
Principle 3
a) Support local development priorities.
Proposal: Identify mechanisms to consult local stakeholders and ensure anchorage to
local priorities, and review modalities to more systematically take account of political
economy local realities and dynamics.
b) Ensure consistency of Blended Finance with the aim of local financial market
development.
Review some of the approaches that blended finance from MDBs/DFIs have followed
to crowd in local private finance, through local private institutions as well as local
public institutions.
c) Use Blended Finance alongside efforts to promote a sound enabling
environment.
Review the practice of some of the donors to link development finance, (blended
finance in particular) to reform processes.

More Related Content

What's hot

What's hot (20)

Flore-Anne Messy - 2014 Symposium on Financial Education in Korea
Flore-Anne Messy - 2014 Symposium on Financial Education in KoreaFlore-Anne Messy - 2014 Symposium on Financial Education in Korea
Flore-Anne Messy - 2014 Symposium on Financial Education in Korea
 
Presentation by Måns Fellesson, Ministry for Foreign Affairs
Presentation by Måns Fellesson, Ministry for Foreign AffairsPresentation by Måns Fellesson, Ministry for Foreign Affairs
Presentation by Måns Fellesson, Ministry for Foreign Affairs
 
OECD Financing for Sustainable Development
OECD Financing for Sustainable Development OECD Financing for Sustainable Development
OECD Financing for Sustainable Development
 
17 jan funds_facilities
17 jan funds_facilities17 jan funds_facilities
17 jan funds_facilities
 
International Private Financing for Development in Africa
International Private Financing for Development in AfricaInternational Private Financing for Development in Africa
International Private Financing for Development in Africa
 
Presentation by Magnus Cedergren, Head of Unit, Loans & Guarantees, Sida
Presentation by Magnus Cedergren, Head of Unit, Loans & Guarantees, SidaPresentation by Magnus Cedergren, Head of Unit, Loans & Guarantees, Sida
Presentation by Magnus Cedergren, Head of Unit, Loans & Guarantees, Sida
 
Principles for public-private partnerships – towards sustainability? Lessons ...
Principles for public-private partnerships – towards sustainability? Lessons ...Principles for public-private partnerships – towards sustainability? Lessons ...
Principles for public-private partnerships – towards sustainability? Lessons ...
 
17 jan mobilisation
17 jan mobilisation17 jan mobilisation
17 jan mobilisation
 
Local content policies in the mining sector: Approaches and lessons learnt
Local content policies in the mining sector:  Approaches and lessons learntLocal content policies in the mining sector:  Approaches and lessons learnt
Local content policies in the mining sector: Approaches and lessons learnt
 
Subnational capacities and multi-level governance for public investment
Subnational capacities and multi-level governance for public investmentSubnational capacities and multi-level governance for public investment
Subnational capacities and multi-level governance for public investment
 
Private Sector (for) Development: Development-oriented & commercial instrumen...
Private Sector (for) Development: Development-oriented & commercial instrumen...Private Sector (for) Development: Development-oriented & commercial instrumen...
Private Sector (for) Development: Development-oriented & commercial instrumen...
 
Effective Public Investment Across Levels of Government
Effective Public Investment Across Levels of GovernmentEffective Public Investment Across Levels of Government
Effective Public Investment Across Levels of Government
 
The potential of EU financial instruments to foster a low carbon strategy
The potential of EU financial instruments to foster a low carbon strategyThe potential of EU financial instruments to foster a low carbon strategy
The potential of EU financial instruments to foster a low carbon strategy
 
17 jan blue_orchard
17 jan blue_orchard17 jan blue_orchard
17 jan blue_orchard
 
National Programme for Social Economy Development in Poland
National Programme for Social Economy Development in PolandNational Programme for Social Economy Development in Poland
National Programme for Social Economy Development in Poland
 
NATIONAL FINANCING STRATEGY FOR NIGERIA
NATIONAL FINANCING STRATEGY FOR NIGERIANATIONAL FINANCING STRATEGY FOR NIGERIA
NATIONAL FINANCING STRATEGY FOR NIGERIA
 
Policy Coherence for Sustainable Development and the SDGs: Towards implementi...
Policy Coherence for Sustainable Development and the SDGs: Towards implementi...Policy Coherence for Sustainable Development and the SDGs: Towards implementi...
Policy Coherence for Sustainable Development and the SDGs: Towards implementi...
 
Mobilizing Additional Development Finance for Tajikistan
Mobilizing Additional Development Finance for TajikistanMobilizing Additional Development Finance for Tajikistan
Mobilizing Additional Development Finance for Tajikistan
 
3 bsp awards-gfrd2015
3 bsp    awards-gfrd20153 bsp    awards-gfrd2015
3 bsp awards-gfrd2015
 
Mining regions and their cities
Mining regions and their citiesMining regions and their cities
Mining regions and their cities
 

Similar to 16 jan strengthening_the_local_dimension_of_bf

Report of the Intergovernmental Committee of Experts on Sustainable Developme...
Report of the Intergovernmental Committee of Experts on Sustainable Developme...Report of the Intergovernmental Committee of Experts on Sustainable Developme...
Report of the Intergovernmental Committee of Experts on Sustainable Developme...
Dr Lendy Spires
 
Un system task team on the post2015 un development agenda
Un system task team on the post2015 un development agendaUn system task team on the post2015 un development agenda
Un system task team on the post2015 un development agenda
Dr Lendy Spires
 
Memorandum-of-BRICS-DFIs-Principles-for-Responsible-Financing.pdf
Memorandum-of-BRICS-DFIs-Principles-for-Responsible-Financing.pdfMemorandum-of-BRICS-DFIs-Principles-for-Responsible-Financing.pdf
Memorandum-of-BRICS-DFIs-Principles-for-Responsible-Financing.pdf
Dr Lendy Spires
 
ICESDF_outreach_Helsinki_Co-creating partnersips for SD financing_outcome
ICESDF_outreach_Helsinki_Co-creating partnersips for SD financing_outcomeICESDF_outreach_Helsinki_Co-creating partnersips for SD financing_outcome
ICESDF_outreach_Helsinki_Co-creating partnersips for SD financing_outcome
Sari Sironen
 

Similar to 16 jan strengthening_the_local_dimension_of_bf (20)

Oecd webinar on blended finance principles
Oecd webinar on blended finance principlesOecd webinar on blended finance principles
Oecd webinar on blended finance principles
 
Development Finance: Taking advantage from blending finance. Tunisia case stu...
Development Finance: Taking advantage from blending finance. Tunisia case stu...Development Finance: Taking advantage from blending finance. Tunisia case stu...
Development Finance: Taking advantage from blending finance. Tunisia case stu...
 
16 jan mobilisation_ndb
16 jan mobilisation_ndb16 jan mobilisation_ndb
16 jan mobilisation_ndb
 
Report of the Intergovernmental Committee of Experts on Sustainable Developme...
Report of the Intergovernmental Committee of Experts on Sustainable Developme...Report of the Intergovernmental Committee of Experts on Sustainable Developme...
Report of the Intergovernmental Committee of Experts on Sustainable Developme...
 
Addis ababa conference
Addis ababa conferenceAddis ababa conference
Addis ababa conference
 
Brochure 10 yfp_en
Brochure 10 yfp_enBrochure 10 yfp_en
Brochure 10 yfp_en
 
WASH Talk Podcast on blended finance Ep07
WASH Talk Podcast on blended finance Ep07WASH Talk Podcast on blended finance Ep07
WASH Talk Podcast on blended finance Ep07
 
ADF: Concept note
ADF: Concept noteADF: Concept note
ADF: Concept note
 
EBRD: Development financial institutions work to make more effective use of b...
EBRD: Development financial institutions work to make more effective use of b...EBRD: Development financial institutions work to make more effective use of b...
EBRD: Development financial institutions work to make more effective use of b...
 
Experience to date and next steps to estimate private finance mobilised for c...
Experience to date and next steps to estimate private finance mobilised for c...Experience to date and next steps to estimate private finance mobilised for c...
Experience to date and next steps to estimate private finance mobilised for c...
 
Un system task team on the post2015 un development agenda
Un system task team on the post2015 un development agendaUn system task team on the post2015 un development agenda
Un system task team on the post2015 un development agenda
 
EU Strategy on Aid for Trade
EU Strategy on Aid for TradeEU Strategy on Aid for Trade
EU Strategy on Aid for Trade
 
IFPRI-TAAS-ICAR- Financing Sustainable Development Activities- M V Ashok
IFPRI-TAAS-ICAR- Financing Sustainable Development Activities- M V AshokIFPRI-TAAS-ICAR- Financing Sustainable Development Activities- M V Ashok
IFPRI-TAAS-ICAR- Financing Sustainable Development Activities- M V Ashok
 
SDG Financing: Enhancing the Role of National and Regional Development Financ...
SDG Financing: Enhancing the Role of National and Regional Development Financ...SDG Financing: Enhancing the Role of National and Regional Development Financ...
SDG Financing: Enhancing the Role of National and Regional Development Financ...
 
Memorandum-of-BRICS-DFIs-Principles-for-Responsible-Financing.pdf
Memorandum-of-BRICS-DFIs-Principles-for-Responsible-Financing.pdfMemorandum-of-BRICS-DFIs-Principles-for-Responsible-Financing.pdf
Memorandum-of-BRICS-DFIs-Principles-for-Responsible-Financing.pdf
 
Lucia nairobi presentation
Lucia nairobi presentationLucia nairobi presentation
Lucia nairobi presentation
 
Methodology Total Official Support for Sustainable Development (TOSSD)
 Methodology Total Official Support for Sustainable Development (TOSSD) Methodology Total Official Support for Sustainable Development (TOSSD)
Methodology Total Official Support for Sustainable Development (TOSSD)
 
Outcome Report: B4E Global Summit 2012, Berlin
Outcome Report: B4E Global Summit 2012, BerlinOutcome Report: B4E Global Summit 2012, Berlin
Outcome Report: B4E Global Summit 2012, Berlin
 
ICESDF_outreach_Helsinki_Co-creating partnersips for SD financing_outcome
ICESDF_outreach_Helsinki_Co-creating partnersips for SD financing_outcomeICESDF_outreach_Helsinki_Co-creating partnersips for SD financing_outcome
ICESDF_outreach_Helsinki_Co-creating partnersips for SD financing_outcome
 
Citizens' budgets - Anna BELENCHUK, Russian Federation
Citizens' budgets - Anna BELENCHUK, Russian FederationCitizens' budgets - Anna BELENCHUK, Russian Federation
Citizens' budgets - Anna BELENCHUK, Russian Federation
 

More from Development Co-operation Directorate (DCD-DAC)

More from Development Co-operation Directorate (DCD-DAC) (20)

TOSSD 2020 Data - Key Figures
TOSSD 2020 Data - Key FiguresTOSSD 2020 Data - Key Figures
TOSSD 2020 Data - Key Figures
 
TOSSD 2020 data - Key Figures
TOSSD 2020 data - Key FiguresTOSSD 2020 data - Key Figures
TOSSD 2020 data - Key Figures
 
Summary DSI OECD seminar on triangular co-operation
Summary DSI OECD seminar on triangular co-operation Summary DSI OECD seminar on triangular co-operation
Summary DSI OECD seminar on triangular co-operation
 
Market Place on Triangular Co-operation Projects
Market Place on Triangular Co-operation ProjectsMarket Place on Triangular Co-operation Projects
Market Place on Triangular Co-operation Projects
 
PF4SD 2020 expert discussions key takeaways
PF4SD 2020 expert discussions key takeawaysPF4SD 2020 expert discussions key takeaways
PF4SD 2020 expert discussions key takeaways
 
Summary 2019 International Meeting on Triangular Co-operation
Summary 2019 International Meeting on Triangular Co-operationSummary 2019 International Meeting on Triangular Co-operation
Summary 2019 International Meeting on Triangular Co-operation
 
Agenda 2019 International Meeting on Triangular Co-operation
Agenda 2019 International Meeting on Triangular Co-operationAgenda 2019 International Meeting on Triangular Co-operation
Agenda 2019 International Meeting on Triangular Co-operation
 
Arab Concessional Financing for Development
Arab Concessional Financing for DevelopmentArab Concessional Financing for Development
Arab Concessional Financing for Development
 
Financing for Development Series: ECIS
 Financing for Development Series: ECIS Financing for Development Series: ECIS
Financing for Development Series: ECIS
 
Reporting issues. Providers of development co-operation beyond the DAC.
Reporting issues. Providers of development co-operation beyond the DAC.Reporting issues. Providers of development co-operation beyond the DAC.
Reporting issues. Providers of development co-operation beyond the DAC.
 
OECD 2019 Civil Society Days Conference Programme
OECD 2019 Civil Society Days Conference ProgrammeOECD 2019 Civil Society Days Conference Programme
OECD 2019 Civil Society Days Conference Programme
 
Conference highlights - OECD Civil Society Days 2019
Conference highlights - OECD Civil Society Days 2019Conference highlights - OECD Civil Society Days 2019
Conference highlights - OECD Civil Society Days 2019
 
Amountsmobilisedfromtheprivatesectorbydevelopmentfinanceinterventionsin201217...
Amountsmobilisedfromtheprivatesectorbydevelopmentfinanceinterventionsin201217...Amountsmobilisedfromtheprivatesectorbydevelopmentfinanceinterventionsin201217...
Amountsmobilisedfromtheprivatesectorbydevelopmentfinanceinterventionsin201217...
 
Enabling Civil Society for Sustainable Development: Select Survey Findings
Enabling Civil Society for Sustainable Development: Select Survey FindingsEnabling Civil Society for Sustainable Development: Select Survey Findings
Enabling Civil Society for Sustainable Development: Select Survey Findings
 
Engaging Civil Society Organisations through Triangular Co-operation
Engaging Civil Society Organisations through Triangular Co-operationEngaging Civil Society Organisations through Triangular Co-operation
Engaging Civil Society Organisations through Triangular Co-operation
 
Summary GPI side-event in BAPA+40 (2019)
Summary GPI side-event in BAPA+40 (2019)Summary GPI side-event in BAPA+40 (2019)
Summary GPI side-event in BAPA+40 (2019)
 
Factsheet - Private sector engagement through triangular co-operation
Factsheet - Private sector engagement through triangular co-operationFactsheet - Private sector engagement through triangular co-operation
Factsheet - Private sector engagement through triangular co-operation
 
Summary GPI side-event in Global South-South Development Expo (2018)
Summary GPI side-event in Global South-South Development Expo (2018)Summary GPI side-event in Global South-South Development Expo (2018)
Summary GPI side-event in Global South-South Development Expo (2018)
 
Trilateral Cooperation Experiences and Challenges - Seminar Brasilia 2017
Trilateral Cooperation Experiences and Challenges - Seminar Brasilia 2017Trilateral Cooperation Experiences and Challenges - Seminar Brasilia 2017
Trilateral Cooperation Experiences and Challenges - Seminar Brasilia 2017
 
Summary GPI side-event in Global South-South Development Expo (2017)
Summary GPI side-event in Global South-South Development Expo (2017)Summary GPI side-event in Global South-South Development Expo (2017)
Summary GPI side-event in Global South-South Development Expo (2017)
 

Recently uploaded

Call Girls In datia Escorts ☎️7427069034 🔝 💃 Enjoy 24/7 Escort Service Enjoy...
Call Girls In datia Escorts ☎️7427069034  🔝 💃 Enjoy 24/7 Escort Service Enjoy...Call Girls In datia Escorts ☎️7427069034  🔝 💃 Enjoy 24/7 Escort Service Enjoy...
Call Girls In datia Escorts ☎️7427069034 🔝 💃 Enjoy 24/7 Escort Service Enjoy...
nehasharma67844
 
call girls in Raghubir Nagar (DELHI) 🔝 >༒9953056974 🔝 genuine Escort Service ...
call girls in Raghubir Nagar (DELHI) 🔝 >༒9953056974 🔝 genuine Escort Service ...call girls in Raghubir Nagar (DELHI) 🔝 >༒9953056974 🔝 genuine Escort Service ...
call girls in Raghubir Nagar (DELHI) 🔝 >༒9953056974 🔝 genuine Escort Service ...
9953056974 Low Rate Call Girls In Saket, Delhi NCR
 
Russian🍌Dazzling Hottie Get☎️ 9053900678 ☎️call girl In Chandigarh By Chandig...
Russian🍌Dazzling Hottie Get☎️ 9053900678 ☎️call girl In Chandigarh By Chandig...Russian🍌Dazzling Hottie Get☎️ 9053900678 ☎️call girl In Chandigarh By Chandig...
Russian🍌Dazzling Hottie Get☎️ 9053900678 ☎️call girl In Chandigarh By Chandig...
Chandigarh Call girls 9053900678 Call girls in Chandigarh
 
Call Girls in Chandni Chowk (delhi) call me [9953056974] escort service 24X7
Call Girls in Chandni Chowk (delhi) call me [9953056974] escort service 24X7Call Girls in Chandni Chowk (delhi) call me [9953056974] escort service 24X7
Call Girls in Chandni Chowk (delhi) call me [9953056974] escort service 24X7
9953056974 Low Rate Call Girls In Saket, Delhi NCR
 

Recently uploaded (20)

Call On 6297143586 Yerwada Call Girls In All Pune 24/7 Provide Call With Bes...
Call On 6297143586  Yerwada Call Girls In All Pune 24/7 Provide Call With Bes...Call On 6297143586  Yerwada Call Girls In All Pune 24/7 Provide Call With Bes...
Call On 6297143586 Yerwada Call Girls In All Pune 24/7 Provide Call With Bes...
 
Finance strategies for adaptation. Presentation for CANCC
Finance strategies for adaptation. Presentation for CANCCFinance strategies for adaptation. Presentation for CANCC
Finance strategies for adaptation. Presentation for CANCC
 
Call Girls In datia Escorts ☎️7427069034 🔝 💃 Enjoy 24/7 Escort Service Enjoy...
Call Girls In datia Escorts ☎️7427069034  🔝 💃 Enjoy 24/7 Escort Service Enjoy...Call Girls In datia Escorts ☎️7427069034  🔝 💃 Enjoy 24/7 Escort Service Enjoy...
Call Girls In datia Escorts ☎️7427069034 🔝 💃 Enjoy 24/7 Escort Service Enjoy...
 
Tuvalu Coastal Adaptation Project (TCAP)
Tuvalu Coastal Adaptation Project (TCAP)Tuvalu Coastal Adaptation Project (TCAP)
Tuvalu Coastal Adaptation Project (TCAP)
 
Call On 6297143586 Viman Nagar Call Girls In All Pune 24/7 Provide Call With...
Call On 6297143586  Viman Nagar Call Girls In All Pune 24/7 Provide Call With...Call On 6297143586  Viman Nagar Call Girls In All Pune 24/7 Provide Call With...
Call On 6297143586 Viman Nagar Call Girls In All Pune 24/7 Provide Call With...
 
1935 CONSTITUTION REPORT IN RIPH FINALLS
1935 CONSTITUTION REPORT IN RIPH FINALLS1935 CONSTITUTION REPORT IN RIPH FINALLS
1935 CONSTITUTION REPORT IN RIPH FINALLS
 
2024: The FAR, Federal Acquisition Regulations, Part 30
2024: The FAR, Federal Acquisition Regulations, Part 302024: The FAR, Federal Acquisition Regulations, Part 30
2024: The FAR, Federal Acquisition Regulations, Part 30
 
celebrity 💋 Nagpur Escorts Just Dail 8250092165 service available anytime 24 ...
celebrity 💋 Nagpur Escorts Just Dail 8250092165 service available anytime 24 ...celebrity 💋 Nagpur Escorts Just Dail 8250092165 service available anytime 24 ...
celebrity 💋 Nagpur Escorts Just Dail 8250092165 service available anytime 24 ...
 
call girls in Raghubir Nagar (DELHI) 🔝 >༒9953056974 🔝 genuine Escort Service ...
call girls in Raghubir Nagar (DELHI) 🔝 >༒9953056974 🔝 genuine Escort Service ...call girls in Raghubir Nagar (DELHI) 🔝 >༒9953056974 🔝 genuine Escort Service ...
call girls in Raghubir Nagar (DELHI) 🔝 >༒9953056974 🔝 genuine Escort Service ...
 
celebrity 💋 Agra Escorts Just Dail 8250092165 service available anytime 24 hour
celebrity 💋 Agra Escorts Just Dail 8250092165 service available anytime 24 hourcelebrity 💋 Agra Escorts Just Dail 8250092165 service available anytime 24 hour
celebrity 💋 Agra Escorts Just Dail 8250092165 service available anytime 24 hour
 
A Press for the Planet: Journalism in the face of the Environmental Crisis
A Press for the Planet: Journalism in the face of the Environmental CrisisA Press for the Planet: Journalism in the face of the Environmental Crisis
A Press for the Planet: Journalism in the face of the Environmental Crisis
 
AHMR volume 10 number 1 January-April 2024
AHMR volume 10 number 1 January-April 2024AHMR volume 10 number 1 January-April 2024
AHMR volume 10 number 1 January-April 2024
 
Russian🍌Dazzling Hottie Get☎️ 9053900678 ☎️call girl In Chandigarh By Chandig...
Russian🍌Dazzling Hottie Get☎️ 9053900678 ☎️call girl In Chandigarh By Chandig...Russian🍌Dazzling Hottie Get☎️ 9053900678 ☎️call girl In Chandigarh By Chandig...
Russian🍌Dazzling Hottie Get☎️ 9053900678 ☎️call girl In Chandigarh By Chandig...
 
Call Girls in Chandni Chowk (delhi) call me [9953056974] escort service 24X7
Call Girls in Chandni Chowk (delhi) call me [9953056974] escort service 24X7Call Girls in Chandni Chowk (delhi) call me [9953056974] escort service 24X7
Call Girls in Chandni Chowk (delhi) call me [9953056974] escort service 24X7
 
Pimpri Chinchwad ( Call Girls ) Pune 6297143586 Hot Model With Sexy Bhabi R...
Pimpri Chinchwad ( Call Girls ) Pune  6297143586  Hot Model With Sexy Bhabi R...Pimpri Chinchwad ( Call Girls ) Pune  6297143586  Hot Model With Sexy Bhabi R...
Pimpri Chinchwad ( Call Girls ) Pune 6297143586 Hot Model With Sexy Bhabi R...
 
Call Girls Chakan Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Chakan Call Me 7737669865 Budget Friendly No Advance BookingCall Girls Chakan Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Chakan Call Me 7737669865 Budget Friendly No Advance Booking
 
VIP Model Call Girls Kiwale ( Pune ) Call ON 8005736733 Starting From 5K to 2...
VIP Model Call Girls Kiwale ( Pune ) Call ON 8005736733 Starting From 5K to 2...VIP Model Call Girls Kiwale ( Pune ) Call ON 8005736733 Starting From 5K to 2...
VIP Model Call Girls Kiwale ( Pune ) Call ON 8005736733 Starting From 5K to 2...
 
Antisemitism Awareness Act: pénaliser la critique de l'Etat d'Israël
Antisemitism Awareness Act: pénaliser la critique de l'Etat d'IsraëlAntisemitism Awareness Act: pénaliser la critique de l'Etat d'Israël
Antisemitism Awareness Act: pénaliser la critique de l'Etat d'Israël
 
Akurdi ( Call Girls ) Pune 6297143586 Hot Model With Sexy Bhabi Ready For S...
Akurdi ( Call Girls ) Pune  6297143586  Hot Model With Sexy Bhabi Ready For S...Akurdi ( Call Girls ) Pune  6297143586  Hot Model With Sexy Bhabi Ready For S...
Akurdi ( Call Girls ) Pune 6297143586 Hot Model With Sexy Bhabi Ready For S...
 
Call Girls Nanded City Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Nanded City Call Me 7737669865 Budget Friendly No Advance BookingCall Girls Nanded City Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Nanded City Call Me 7737669865 Budget Friendly No Advance Booking
 

16 jan strengthening_the_local_dimension_of_bf

  • 1. STRENGTHENING THE LOCAL DIMENSION OF BLENDED FINANCE Co-hosted by OECD, The European Centre for Development Policy Management (ECDPM) and The African Center for Economic Transformation (ACET) Wednesday 16 January, 10:00-11:15 At the Private Finance for Sustainable Development Conference (PF4SD)
  • 2. Principle 3 a) Support local development priorities. Proposal: Identify mechanisms to consult local stakeholders and ensure anchorage to local priorities, and review modalities to more systematically take account of political economy local realities and dynamics. b) Ensure consistency of Blended Finance with the aim of local financial market development. Review some of the approaches that blended finance from MDBs/DFIs have followed to crowd in local private finance, through local private institutions as well as local public institutions. c) Use Blended Finance alongside efforts to promote a sound enabling environment. Review the practice of some of the donors to link development finance, (blended finance in particular) to reform processes.