While it's too early to call this a trend, we are encouraged by the green shoots! 🌱 Blended finance is a financial structuring approach that uses public and philanthropic concessional capital to catalyze private capital: by far, the largest pool. It achieves this by rebalancing risk-adjusted returns in impact investments. 🌱 We are delighted to be supporting Convergence and Climate Policy Initiative in the implementation of the Catalytic Climate Finance Facility (CC Facility) - a blended finance programme targeting climate impact across Africa and the developing world!
Our State of Blended Finance 2024: Climate Edition has just been released! The report finds that the climate blended finance market saw its highest ever annual financing total in 2023, growing by 120% to $18.3 billion in aggregate investment from $8 billion in 2022. Notably the increase came from the private sector and commercial capital, as the amount of donor capital entering blended finance has stayed constant. The report offers an updated analysis on climate blended finance in emerging markets and developing economies (EMDEs), covering sectors, vehicles, regions, and investor trends. Read the full report to learn more: https://bit.ly/40nXNEg #blendedfinance #climate #climatefinance #developmentfinance #sustainablefinance #mitigation #adaptation #SDGs #emergingmarkets #climateaction