Development finance institution

Swedish International Development Cooperation Agency (SIDA)

Checked against official source Last checked 15 November 2026

The Swedish International Development Cooperation Agency (SIDA) is a Swedish government agency responsible for implementing Sweden's policy for global development and reducing poverty worldwide. Established in 1965, SIDA works to improve living conditions in developing countries through various forms of aid and partnerships. It administers approximately half of Sweden's total development aid budget, focusing on areas such as human rights, democracy, gender equality, education, health, climate change, and economic development. As a development finance institution, SIDA provides funding through grants, guarantees, and innovative financial instruments, including support for private sector initiatives and fund investments. SIDA's approach emphasizes long-term partnerships with governments, civil society organisations, private sector entities, and research organisations to ensure that development efforts are effective, sustainable, and aligned with the UN Sustainable Development Goals (SDGs).