Webinar - Report launch: 'Blended finance for climate action - good value for money?'
On 28 February, we presented the new report "Blended finance for climate action - good value for money?' during a webinar, organised with the support of ActionAid.
On 8 February, Eurodad and ActionAid released 'Blended finance for climate action: good value for money', one of the first reports exploring the role of blended finance for climate action from a public interest and civil society perspective.
During the 2023 United Nations climate conference in Dubai (COP28), the issue of ‘blended finance’ for climate action was a major focus at the inaugural Business and Philanthropy Climate Forum. This event saw global funds – the Green Climate Fund, Allied Climate Partners and Allianz Global Investors – collectively announce the mobilisation of US$ 5 billion through several blended finance structures, bringing together philanthropies, development finance institutions (DFIs), and the private and public sectors. What is blended finance and what role does – and should – it have in climate action?
This webinar covered the key messages of the report, and explored the challenges and opportunities that this approach presents. The event aimed to initiate a debate on the topic, facilitate knowledge sharing and build capacity among CSOs to engage with these complex discussions.
Speakers:
• Dr. Farwa Sial, author of the report, Senior Policy and Advocacy Officer - Development Finance, Eurodad
• Dr. Basani Baloyi, Programme Co-Director - Institute for Economic Justice
Moderated by Anders Dahlbeck, Climate Justice Programme Manager, ActionAid Denmark.
