Information for 10161IIED
Local development from global finance: how to extend and deepen the impact of 2030 development finance
Mostly development finance continues to pour bilaterally between nations or through multilateral banks. International development agencies and national governments then shape development programmes.
While this may be an effective mechanism to fund some development interventions, such development finance models can be unresponsive to the needs of the lowest-income and most marginalised people.
This paper aim to look at debate and discussion around how devolved and flexible development finance can play a pivotal role in implementing the 2030 sustainable development goals.
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IIED is researching the benefits and challenges of devolving development and climate finance to the local level, and is helping to build local-level capacity to access and manage resources.