The least developed countries have only attracted 6% of all the private finance that ODA has mobilised. A variety of factors is responsible for this, but the principal cause is a failure to link development and peace strategies to private sector activity.

Source: : OECD and UNCDF (2020), ‘Blended Finance in the Least Developed Countries 2020: Supporting a Resilient COVID-19 Recovery’, OECD Publishing.