Reposted by Simon O'Connell
🚨 𝗡𝗲𝘄 𝗼𝗽-𝗲𝗱 𝗶𝗻 @devex.com: SNV CEO @sioconnell.bsky.social & EDFI CEO David Kuijper argue that EU institutions must step up to ensure that #DevelopmentFinance is fit for purpose in today’s world. Blended finance can mobilise capital effectively and at scale. Read:
devex.com
Opinion: Aid cuts in US, UK, and beyond mean EU institutions must step up
As aid cuts from the U.S., U.K., and other European countries bite, European Union institutions must lead reform and fill the funding gap in global development.