
Donors, implementing agencies and DFI/PDB cooperation. The case of the Netherlands and the Dutch Fund for Climate and Development
The Dutch government has a longstanding and comprehensive cooperation with the Dutch Entrepreneurial Development Bank (FMO) via the Ministry of Foreign Affairs (MoFA) and Ministry of Economic Affairs and Climate Policy. The cooperation is geared towards catalysing private sector investment for sustainable development impact, including through blended finance. The Dutch government is a founder and majority shareholder of FMO, accounting for 51% of its shares. It is thus at the heart of FMO’s governance. This allows the Dutch government, particularly, the MoFA, to steer and influence FMO operations and ensure that they contribute to the government’s development policy objectives and priorities.