This brief reviews two complementary spheres of international cooperation, in which blended finance is
predominantly used. First, in international climate finance, following the developed country pledge to
mobilise USD 100 billion per year in public and private finance - starting in 2020 - and the recently
published “road map” to meet this goal. Second, in official development assistance (ODA), and the
related blended finance facilities within the European Union (EU) that provide funding to projects
supporting the delivery of the UN Sustainable Development Goals. To date, the climate finance sphere
has led the way on blended finance, acknowledging the critical role private investments need to play in
tackling climate change. This experience will prove useful as blending expands as a part of ODA. 

Challenges and Opportunities for Blended Finance in European Energy Development Cooperation

Challenges and Opportunities for Blended Finance in European Energy Development Cooperation

European Union Energy Initiative (EUEI)