Publication - Blended Finance, MDB Optimization and Private Capital Mobilization Recommendations for Policymakers
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Title
Blended Finance, MDB Optimization and Private Capital Mobilization Recommendations for Policymakers
Publisher
Sustainable Markets Initiative, Investor Leadership Network
Author
Sustainable Markets Initiative, Investor Leadership Network
Published in
November 2024
Abstract
In 2021, both the Sustainable Markets Initiative and the Investor Leadership Network, along with other key private sector organization such as GFANZ, called for an urgent focus by policymakers on ways to rapidly scale up the mobilization of private capital in emerging markets via blended finance. The recommendations presented here represent accelerated momentum around achieving this goal through various official channels, including inclusion in the G7 Carbis Bay Communique, the G20 Finance Ministers Communique in February 20223, and recent statements by US Treasury Secretary Janet Yellen. Though the scaling of this kind of investment has long been a significant
development challenge, the urgency of the climate crisis requires immediate action on this front to reduce existing emissions in the developing world, ensure the primacy of clean energy in the future development of countries in emerging markets, and to ensure critical funding for adaptation and resilience for those countries both most vulnerable and least responsible for the worst effects of climate change.
URL
Admin:
No
PIE Grant (Grid Portal)?
Yes
