27th July 2023

Development finance expert Dolika Banda on how to get more capital flowing to Africa and other emerging markets

In Bridges’ 20/30 Visions series, we ask experts and thought-leaders from around the globe: what needs to change if we want to build a more sustainable and inclusive future in the next decade? And how do we make that change happen?

The world is currently lagging well behind target on many of the Sustainable Development Goals – but the challenge is particularly acute in Africa and the Global South.

In this episode of 20/30 Visions, we’re delighted to welcome Dolika Banda, who after a long career with the International Finance Corporation now sits on a number of boards (including British International Investment) and has recently launched a new initiative promoting good corporate governance. Dolika draws on her vast experience of the banking, development finance and impact worlds to tell us what needs to change if we are going to narrow the gap between investment rhetoric and reality. We discuss:

  • The scale and shape of the challenge in Africa (and the Global South more broadly)
  • Why this matters to the Global North like never before
  • Shifting dollars away from climate mitigation to adaptation and resilience
  • The problem of ‘inexplicable inequalities’
  • How we change investors’ perception of risk in emerging markets
  • The vast gap between commitments and disbursements (and how to resolve it)
  • and more

Watch our conversation here:

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