Blended Finance in Asia

This Brief considers how blended finance approaches have been deployed in Asia to date. According to the Convergence database, there have been 122 blended finance transactions targeting one or more Asian countries, which represent an aggregate volume of $23.3 billion invested in full or in part in the region. Three quarters of these transactions have targeted Asia exclusively. While Asia has been targeted by only 26% of blended finance transactions since 2005, the trend is positive, with nearly half of blended finance transactions targeting Asia – and more than half of the aggregate deal flow – launched in the past five years (2013-2018).