This report examines the use of blended finance to mobilise investment for clean energy projects, particularly in developing countries. It analyses past experiences and identifies future opportunities for scaling up capital flows by strategically using concessional public funds to mitigate risks for private investors. The paper reviews various blended finance structures and instruments that have been successfully deployed in the clean energy sector. It provides crucial lessons and recommendations for policymakers and development finance institutions on designing effective interventions that can accelerate the global transition to clean energy.
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