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Press Releases

May 1, 2024
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FinDev Canada endorses the DFI blended finance principles, considered best practice for DFIs

Montreal (Quebec), 1 May 2024 – FinDev Canada, Canada’s bilateral Development Finance Institution (DFI), has joined the DFI Working Group on Blended Concessional Finance for Private Sector Projects (DFI Blended Finance Working Group), and endorsed the DFI Enhanced Principles for Blended Concessional Finance. These principles represent best practice among DFIs, promoting high standards, additionality, commercial sustainability, crowding-in and minimum concessionality, as well as reinforcing markets.
December 5, 2023
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GAIA awarded Best Blended Investment NDC Initiative at COP 28

The awards ceremony took place at COP 28 on December 5th during the Africa Investment Earthshot Leaders Summit. The awards recognize both public and private sector institutions that are working to innovate and break new ground to mobilize private capital and private sector participation at scale, to Africa’s bankable NDC investment commitments and projects.