Thursday, April 18, 2019

Nordic risk capital funds: we are the ‘third pillar’

In traditional aid, the Nordic donors stand shoulder to shoulder with major powers like the United Kingdom and Germany. But when it comes to the development finance institutions, the Nordics are minor players.

In a fresh report by the risk capital fund branch organisation, the Nordic funds refer to themselves as the “third pillar" in development policy, and present the case for substantially increasing their role in Nordic aid.

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