CAN PURPOSE-DRIVEN CAPITAL UNLOCK THE TRILLIONS NEEDED FOR INCLUSIVE GROWTH?

The panel discusses strategies to unlock capital for sustainable development goals, particularly focusing on Africa. Eleni Djokas moderates as Dr. Sidi Oudta outlines the African Development Bank's plan to scale up financing, reform financial architecture, and bring African financial institutions together. Yazid Bin Saleh Al Yahya emphasizes the need for long-term commitment and risk tolerance when deploying capital in emerging markets. Mata Diop highlights the IFC's efforts to de-risk projects by providing clear information, securitizing loans, and using philanthropic grants. Ilan Goldfein stresses the importance of attracting private capital and using public sector money strategically by putting equity where it is needed. Nikolai Podgozov shares the Eurasian Development Bank's approach to attracting capital through early-stage project structuring and cooperation with regional banks. The panel agrees on the need to address the mispricing of risk in Africa and to change the mentality by bringing projects to where the money is.