The private sector is increasingly becoming a player in the development space. Whether through the provision of grants or becoming directly involved in the provision of essential services or investments in sustainability, the private sector has an increasing interest in stepping into a space that has been traditionally occupied by NGOs.
How can for-profits and not-for-profits meet in the middle? Is it always just about the greater good? And how can private or blended finance help us to meet the Sustainable Development Goals?
The Australian Sustainable Finance Insitute (ASFI) was set up to help better align finance with development needs and goals. The institute is headed by Kristy Graham, who spent many years at DFAT, and before that AusAID, working primarily in development finance and climate finance.
In this episode of ‘Reimagining Development’, Kristy joins Jess and Rachel to discuss how private finance can be leveraged and delivered to meet development goals.
*ASFI was established in 2021. In the podcast, you’ll note that we say ‘last year’. That’s because this was recorded at the tail end of 2022, so isn’t quite correct.
‘Reimagining Development: Conversations on the new development policy’ is a joint initiative between Good Will Hunters and ACFID, Australia’s peak body for the international aid and development sector. It is hosted by Rachel Mason Nunn, founder of GWH, and Jessica Mackenzie, Chief Policy Officer at ACFID.