News / #public-private partnership
Polisi & Kewangan
Setting personal politics aside: Governments, corporates to form new company aimed at ‘fixing blended finance’
State leaders from Germany, Canada, global corporations and institutional investors called for standardisation of blended finance in order to speed up financial flows for sustainable development. The company, to be launched later this year, aims to develop specialised blended finance vehicles.
Polisi & Kewangan
Blended finance must evolve to do more with less: Hamburg Sustainability Conference head
A decline in development aid weakens the ability to de-risk projects, says Henry Alt-Haaker, managing director of the annual conference that convenes this week. He tells Eco-Business how blended finance, with a reformed structure, can help fill the gap, and discusses the Asia-focused initiatives the forum will launch this year.
Polisi & Kewangan
Blended finance held steady in 2024, but could suffer impact from USAID shutdown: report
Last year, deal volumes dipped to US$18.3 billion, but still topped a five-year average figure. With the US foreign aid cuts, support from Germany, Japan, the UK, and new donors like the UAE and Singapore will be key, says blended finance network Convergence.
The mechanism could also financially benefit the state utility company PT Perusahaan Listrik Negara (PLN) and attract private investments without burdening the state budget to scale renewable energy.
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Polisi & Kewangan
15 things that frustrated chief sustainability officers in 2023
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