Blended Finance: What it is, how it works and how it is used.
Although “blending” has become a common term in development finance, there is some confusion about its meaning, how it works, and how it fosters development, as well as a significant lack of project data. Blending can be problematic: it does not necessarily support pro-poor activities and may give preferential treatment to donors’ own private sector firms. This report, published jointly with Oxfam, aims to clarify what blending is, how it works and how it is used, to foster greater understanding of this increasingly prominent development finance mechanism.
The UK’s PPPs Disaster: Lessons on private finance for the rest of the world
This new briefing by Jubilee Debt Campaign sets out the major problems and risks the UK has encountered through its experiment with PPPs. The UK was one of the first countries to develop PPPs in the early 1990s, and its PPP programme expanded across all parts of public spending. Many of these projects have cost the government more than if it had borrowed the money itself, and have led to large windfall gains for the private companies involved, at public expense. Despite this experience, the UK government and companies are now heavily promoting PPPs around the world.