Innovative Financing for Development in Asia and the Pacific

Government Policies on Impact Investment and Public Finance for Innovation

image of Innovative Financing for Development in Asia and the Pacific

To meet the ambitions of the 2030 Agenda for Sustainable Development, financing for development needs to be dramatically scaled up. Innovative financing has the potential to bridge this gap by attracting private sector capital to support development objectives and by repurposing private sector financing instruments to address persistent development challenges. This report features a diverse selection of case studies on innovative financing mechanisms that have been implemented across the Asia-Pacific region. The report calls for governments to provide incentives for the private sector to move from economic-driven investments to impact investments generating social, environmental and financial returns and offers strategic recommendations based on the lessons learned from experiences in the region.



Systemic approaches to finance and innovation for development

This chapter showcases systematic approaches to innovative financing for development, where innovative financing instruments have been introduced alongside several complementary initiatives. The exploitation of technology; adequate governance, policies and regulations; supporting institutions; access to infrastructure; availability of human capital; access to knowledge and data; mindsets and the capability of actors to collaborate all have an impact on the success of innovative financing policies. In addition, innovative business models, such as social enterprise models, and changes in social norms provide vital support to apply and scale up innovative financing initiatives.


This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error