Could tax credits be an efficient way of mobilising private capital, including from foundations and family offices, for impactful investments in frontier markets? Read a proposal co-authored with Samantha Attridge at the Center for Global Development for a UK Investing for Development Scheme, which would aim to mobilise £32 for each £1 of public funds. https://lnkd.in/eWt6Hg6Q (Disclaimer: views expressed are personal and do not necessarily reflect those of AgDevCo or its affiliates).
You are spot on regarding the use of tax credits, Chris. You emphasized the importance of tax credits at the blended finance symposium at the The London School of Economics and Political Science (LSE) as an incentive to mobilize private capital. It was good to meet you in person and share opportunities and alignment for investments and fundraising between AgDevCo and Missio Invest in the agribusiness space in Africa.
Yes, tax credits are potentially a highly effective means of mobilizing private capital, including that from foundations and family offices, for impact investments in frontier markets. They work by offering a direct financial incentive that can help offset the higher perceived risk and potentially lower returns often associated with investing in these markets.
Thank you Chris for this interesting lead ! Could be an inspiration for more countries.