• Inside Development
KfW @ EUDevDays

KfW official stands up for ‘blending’

By Devex Editor25 October 2012

Blending — a form of development financing that combines grants and loans — doesn’t eat away at funding for hardest-to-reach populations, according to Marc Engelhardt, KfW’s director for development and climate.

Some anti-poverty advocates have expressed concern that blending will undermine the goals of aid and that it will crowd out other forms of development financing.

“There is no money lost; the money is invested in a more intelligent way,” Engelhardt told Devex Editor Rolf Rosenkranz on the fringes of the 2012 European Development Days, noting that the European Commission’s purse for blending is not taken from other budget areas.

Watch the conversation between Rosenkranz and Engelhardt on how blending works and KfW’s experience using the instrument for financing projects, part of a series of conversations we video-taped with global development leaders in the center of the action at last week’s EDD.

Check out our complete coverage of European Development Days 2012.

Watch more videos

Explore related content

About the author

Devex logo
Devex Editor

Thanks a lot for your interest in Devex News. To share news & views, story ideas & press releases, please email news@devex.com. We look forward to hearing from you.


Join the Discussion