“Driven by the SDG’s objective to reach the poor first, many blended finance activities focus on the goal of poverty reduction. The underlying causal claim is that sustained periods of high investment will lead to increased productivity, resulting in job creation and ultimately poverty reduction. However, without measuring the impact, we have little or no evidence if this or other underlying causal claims hold true.”

Co-chairs THK Impact Working Group, Nancy Lee, CGD & Magdalena Orth, Deval