INNOVATIVE FINANCING

Innovative financing refers to mechanisms that generate additional resources for Official Development Assistance (ODA) and offer greater predictability.
Innovative financing means different things to different people. In our view, development financing is “innovative” when it (a) introduces new financing approaches or products to solve established problems ; (b) extends proven financing products to new markets or customers, and (c) include new types of investors or new sources of capital to address development issues.