Abstract
Blended finance has mobilized approximately $171 billion in capital towards sustainable development in developing countries to-date (Convergence, 2021[1]). In accordance with OECD definitions, Blended finance is the strategic use of development finance for the mobilisation of additional finance towards sustainable development in developing countries. blended finance structures can involve concessional funding from public or philanthropic sources mobilising private capital for projects that cannot raise commercial finance on their own, Blended Finance can also cover grants for project preparation and project structuring primarily because perceived and real risk are too high for private investors. Governments (including development co-operation agencies) represent close to 69% of the total capital in blended finance funds and facilities, and MDBs are the second largest source of capital (Dembele et al., 2022[2]).
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
