In these equations, MCFlo?s and MCFl%?o are the lower bound levels for MCF financing in 2035 and 2030, historical contribution from MCFs for the year 2022. The linear extrapolation results in US$7.66 billion and US$15.55 billion of lower and upper bound levels for 2035. Historically, US$41 billion in bilateral finance mobilizes US$9.2 billion in private finance (22% leverage),14 and calculations. When multiplied by the lower-bound levels for BFl and MDB contributions in 2030 and 2035, these ratios result in US$11 billion and Us$12 billion, and US$31.9 billion and US$40.5 billion, respectively, of mobilized For the upper bound, MDBs have set a private finance mobilization target of 54% by 2030, which equates to mobilizing US$65 billion from the private sector.36 Applying this ratio to the upper-bound public flows translates into US$73.7 billion mobilized by MDBs and US$43.2 billion by BFls in 2030. Assuming that the targeted leverage ratio of 120% suggested by IEG's MDB reforms39 can be attained by 2035 in the high scenario, the