Blended Finance is the Way Forward for a Sustainable World
by Vikas Vij
Blended finance is the new buzzword that can be heard with increasing frequency at the meetings of the IMF, the World Bank or the World Economic Forum. It includes a combination of public and private financing along with charity funds to make money available for worthy global causes.
The goal of blended finance is to support critical developmental and sustainability projects in areas where private investors are reluctant to take initiative because the returns are either hard to monetize or the risks are too high.
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Image Credit: Flickr via Miguel Garces
Vikas is a staff writer for the Sustainable Development news and editorial section on Justmeans. He is an MBA with 20 years of managerial and entrepreneurial experience and global travel. He is the author of "The Power of Money" (Scholars, 2003), a book that presents a revolutionary monetary economic theory on poverty alleviation in the developing world. Vikas is also the official writer for an international social project for developing nations "Decisions for Life" run in collaboration between the ILO, the University of Amsterdam and the Indian Institute of Management.
