Submission to DFAT Development Finance Review

By Cameron Hill and Stephen Howes

September 2022

This submission addresses the three main elements of the Terms of Reference established for the Review. It recommends:

  1. a legislated, stand-alone Development Finance Institution with an explicit development impact mandate, supporting regulations, additional resourcing and dedicated capability be established within three to four years; and
  2. an interim, whole-of-government Office of Development Finance to advance the detailed design work, scope potential projects and modalities, and coordinate legislative and regulatory preparations be established within the next 12-18 months.

Hill, C. & Howes, S. 2022, Submission to DFAT Development Finance Review, Development Policy Centre, Crawford School of Public Policy, Australian National University, Canberra.

Arichika Okazaki

Arichika Okazaki is a Senior Program Officer at the Development Policy Centre.