The GISD Alliance has co-signed a joint Call to Action to heads of states, policymakers and multilateral development bank (MDB) officials to scale private capital mobilization.

The Call to Action builds on the GISD recommendations for “Increasing private finance mobilization: Recommendations for development banks and the global development community”. It provides concrete solutions to:

• Improve bankable deal flow;
• Address longstanding risks and investment barriers;
• Ensure “additionality” of MDB financing; and
• Improve data transparency and risk assessments.

Read the full Call to Action here.

The following organizations and initiatives support the Call to Action: Africa Investor, Convergence, the Glasgow Financial Alliance for Net Zero (GFANZ) Capital Mobilization Workstream, Global Investors for Sustainable Development (GISD) Alliance, Institutional Investors Group on Climate Change (IIGCC), the Investor Leadership Network (ILN), Sustainable Markets Initiative Blended Finance Task Force (SMI), GI Hub Private Sector Advisory Council (GI Hub), the UN-Convened Net-Zero Asset Owner Alliance, and the Net-Zero Banking Alliance.