More Blended Finance Needed

Stockholm (NordSIP) – A Call on Policymakers issued by the UN-convened Net-Zero Asset Owner Alliance (NZAOA) in the last days of September 2022 argues compellingly that scaling blended finance is essential to achieving the Paris climate goals and the UN Sustainable Development Goals (SDGs). The paper and its recommendations are the result of a recent workshop in Berlin during which NZAOA members convened with leading international actors and thinkers in blended finance from the public, private, and philanthropic sectors. The goal was to explore tangible and impactful measures and more meaningful collaboration for accelerating what remains an underutilised solution to the climate finance gap, especially in Emerging Markets and Developing Economies (EMDEs).

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