26.02.2026

Global Development Finance in 2026: Capital under Constraint report

Texel and Pangea Risk are pleased to today launch a joint report at Texel’s flagship development finance conference – DevFIns. It is the only conference globally focused on the relationship between DFIs and the insurance market. This year’s theme was ‘Scaling support’ and explored how insurance companies can grow their support for development insurance and why they should.

As traditional aid budgets contract and geopolitical fault lines deepen, the architecture of global development finance is undergoing structural change. Official Development Assistance is declining sharply, while Development Finance Institutions and Multilateral Development Banks are being asked to mobilise greater volumes of private capital was fewer concessional resources.

This joint report examines the forces reshaping how capital reaches vulnerable economies, and what will be required to deploy risk-adjusted investment at scale in 2026 and beyond.

You can read the report below

GLOBAL-DEVELOPMENT-FINANCE-IN-2026-CAPITAL-UNDER-CONSTRAINT