The economies of the Indo-Pacific and Southeast Asia regions are highly indebted, and climate vulnerable. Traditional climate finance flows are nowhere near the levels they need to be to reach climate targets. While blended finance is a proven tool for channeling private capital to places where it typically doesn’t flow, Convergence finds that climate blended finance flows have been declining; climate blended finance deal volume decreased by 55% in 2022 compared to 2021, and institutional investors are yet to take a strategic approach to blended finance. Blended finance will be an essential tool in reaching regional targets for net zero and supporting the region’s energy transition.
This panel discussion provides a venue to explore the factors behind the trends, to better understand experiences on both the supply (investors) and demand (recipients) side of capital.
Learn more here.