We’re entering an era of Davos dealmaking for development. A kind of financial engineering for good. Picture billionaire philanthropists, corporate titans, NGO chiefs, multilateral development bank presidents, aid agency heads, and, yes, finance ministers from the Global South, plotting and planning together.

At Davos this year, we’ll be on the lookout for these kinds of deals. Development Impact Bonds — famously difficult to structure and launch because of the many counter-parties required — will be on the unofficial Davos agenda. For all the promise of DIBs, just a handful exist today, but perhaps others will get their start here this week. So too deals such as the Global Financing Facility that aim to capture for health spending part of the economic growth happening in so many developing countries. Imagine structures like that — which incentivize spending on health and education by governments, de-risk private investments, utilize market mechanisms, leverage precious foreign aid, and mobilize philanthropic capital — but extended to more sectors and countries.

Read the full article about development deals at Davos by Raj Kumar at Devex International Development.