The global community has spoken loud and clear: more resources must be mobilised to end extreme poverty and mitigate the effects of climate change. Blended finance - an approach to mix different forms of capital in support of development - is emerging as an important solution to help meet the 'billions to trillions' agenda. For development co-operation providers, the scaling up of this approach needs to be based on a good understandingof its potential in supporting developing countries meet the SDGs and Paris Agreement.

This Policy Perspectives draws on recent OECD work, including the upcoming 2018 report Making Blended Finance Work for the SDGs, the draft OECD DAC Principles on Blended Finance and work under the OECD DevelopmentAssistance Committee (DAC) on measuring the amounts mobilised by official development finance interventions.