Mobilising commercial capital into developing economies

Private sector capital mobilised*

$m
Key †

* Based on gross new commitments for 2025

† This year, we’re reporting on ‘core mobilisation’, which is when we draw commercial capital into a direct investment in a company or fund, and is the basis on which we reported in previous years. For the first time, we’re also reporting on ‘portfolio and second-level mobilisation’

OECD and MDB methodologies have undergone revisions since 2025 to incorporate new forms of mobilisation, for both ‘core mobilisation’ and ‘portfolio and second-level mobilisation’. When these methodologies are finalised, we will review to establish our future reporting