Member area
3 mins Read 8 Feb 2024 Brussels

DFIs in Europe post record new investments in 2023

EDFI member DFIs add €9.5 billion in total new equity stakes and financing.

DFI climate finance portfolio swelled during the past three years, up 260.0 per cent since the start of 2020. The rise came as sales of climate-focused mutual funds fell 75.0% during the past two calendar years, says a Financial Times report, due to high interest rate spikes, poor fund performance and political challenges.

European DFIs in 2023 remained on impact priorities, including support for SMEs and enabling investments in low-income or least-developed countries (LICs/LDCs). Combined LIC and LDC3 activity totaled €1.2 billion, up 5.0 per cent, while SME commitments dipped by 3.0 per cent compared with 2022, reaching €2.6 billion in 2023.

Full report set for Q3 2024

The data released today offers a first snapshot of EDFI member activity for 2023. A more detailed annual report, including an in-depth look at EDFI member institutions’ activities and impact during 2022 is scheduled for release in third quarter of this year. The report will add data on the commitments from blended finance and co-financing facilities managed by DFIs and the EDFI Management Company on behalf of donor partners, private co-finance mobilisation.

See: Full release with graphs (.pdf)

  • EDFI member DFIs add €9.5 billion in total new equity stakes and financing

  • Robust 38 percent bump in gender equality commitments, 17 per cent rise for climate

  • Record-high new investments further boost private firms in low-, middle-income countries

Footnotes:


About the data: Data show European DFIs’ own investment commitments in 2023. It excludes the financial resources EDFI member institutions mobilised in 2023 from private impact investors and the commitments of blended finance, technical assistance and advisory services for clients.