Reported about 2 months ago
BlackRock has declared that blended finance is at a pivotal moment, driven by growth in deals merging private and public funding. During a recent forum, Heidi Yip of BlackRock emphasized the importance of these arrangements for reducing risks for private investors in emerging markets, helping to facilitate infrastructure projects essential for combating climate change. The blended finance market reached a record $15 billion last year, indicating significant momentum as investment shifts towards adaptation finance amid increasing climate challenges.
Source: YAHOO