Development Finance Institutions
Development Finance Institutions (DFIs) are specialized financial organizations that provide funding and support for projects aimed at promoting economic development in low- and middle-income countries. They typically offer loans, equity investments, and guarantees to businesses and infrastructure projects that may struggle to secure financing from traditional banks due to perceived risks.
DFIs play a crucial role in fostering sustainable development by targeting sectors like renewable energy, agriculture, and healthcare. By investing in these areas, DFIs help create jobs, improve living standards, and stimulate economic growth, ultimately contributing to the achievement of the United Nations Sustainable Development Goals.