UK PUBLIC CAPITAL MONITOR
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Multilateral institutions and reform

Who Builds the Pipeline? Rethinking How Development Finance Mobilizes Local Capital

Policy analysis
Authors
Samantha Attridge
Publisher
Center for Global Development

What it examines

Attridge examines the costs and incentives facing local intermediaries that prepare investments. She asks when concessional support could build lasting origination capacity and discusses IDA’s Private Sector Window and IFC as part of that debate.

Why it matters

Relevant to UK oversight of IDA resources and IFC’s business model. This commentary sets out a research proposition, rather than established evidence that one approach works better in every market.

Blog post published 8 October 2026.

Institutions and themes

International Development AssociationInternational Finance CorporationPrivate investment and mobilisationImpact and value for moneyMandates and policy

Catalogue entry reviewed 9 Oct 2026. The summary describes the publication’s analysis; it does not establish that historical findings remain current.