In partnership with the Danish Embassy in the United States, the Project on Prosperity and Development will be publishing a report entitled Blended Finance and Aligning Private Investment with Global Development.
Over the past few decades, the composition of development finance has flipped from being primarily funded through public-sector resources to intensified interest and investment from the private sector. Blended finance is one method to unlock private capital for development, referring to structuring global development investment deals with a mixed portfolio of public and private funds to spread and smooth risk-reward profiles, “crowd in” catalytic private investment in sustainable financing, and create markets in developing and new contexts.
Blended finance aims to manage, transfer, or mitigate the risk inherent or perceived in the developing world, while also producing a return and creating jobs and growth through investments that otherwise would not exist. Some estimates place the global market size for blended finance at $50 billion, with projections to double over the next few years.
Now, the Project on Prosperity and Development launches this new report to evaluate the impacts, opportunities, and challenges for blended finance in global development. Please join us for this timely conversation on development finance.
This event is made possible through generous support from the Royal Embassy of Denmark.