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Public funds are used in "blended finance" to boost private investment in climate projects, raising $18.3B in 2021.
Public funds are increasingly being used through "blended finance" to encourage private investment in climate projects, especially in developing countries.
This approach helped raise $18.3 billion in climate funding in 2021, up from $8 billion the previous year.
FinDev Canada recently launched a $1.5 billion blended finance platform, partnered with Mitsubishi Financial Group and the Green Climate Fund, to assist up to 25 developing countries.
Despite complexities and challenges, blended finance is seen as a vital tool to meet global climate funding targets.
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Los fondos públicos se utilizan en "finanzas mixtas" para impulsar la inversión privada en proyectos climáticos, recaudando $18.3B en 2021.