Blended Concessional Finance and COVID-19

Blended concessional finance, the combination of commercial funds from development finance institutions (DFIs) and the private sector with concessional finance from public institutions, foundations, or other contributors, has become much more promi...

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Main Authors: Sierra-Escalante, Kruskaia, Karlin, Arthur
Format: Brief
Language:English
Published: International Finance Corporation, Washington, DC 2021
Subjects:
Online Access:http://documents.worldbank.org/curated/en/106651616478705330/Blended-Concessional-Finance-and-COVID-19
http://hdl.handle.net/10986/35332
id okr-10986-35332
recordtype oai_dc
spelling okr-10986-353322021-06-14T09:56:01Z Blended Concessional Finance and COVID-19 Sierra-Escalante, Kruskaia Karlin, Arthur CONCESSIONAL FINANCE BLENDED FINANCE CORONAVIRUS COVID-19 EMERGING MARKET ECONOMIES Blended concessional finance, the combination of commercial funds from development finance institutions (DFIs) and the private sector with concessional finance from public institutions, foundations, or other contributors, has become much more prominent in recent years as an effective method of spurring innovative private sector projects and programs in emerging markets. These concessional funds are being used in high-risk countries and for pioneering, innovative investments that can lead to dynamic growth and job creation and help meet the United Nations’ Sustainable Development Goals. In the wake of the COVID-19 pandemic, governments, development institutions, and private companies are trying to find mechanisms to prevent the loss of essential economic activity under difficult and uncertain market conditions. In this context, blended concessional finance deployed by DFIs is already playing an even greater role than in the recent past, as it can help bridge critical financing gaps by placing important projects within the risk tolerance of private sector investors and DFIs, despite great market and financial uncertainty. Blended concessional finance will play a critical role to ensure that the response to the pandemic remains focused on the most difficult markets and, as efforts to rebuild are put in motion, the rebuilding is done in an inclusive and climate and gender-smart manner. 2021-03-29T16:46:00Z 2021-03-29T16:46:00Z 2021-02 Brief http://documents.worldbank.org/curated/en/106651616478705330/Blended-Concessional-Finance-and-COVID-19 http://hdl.handle.net/10986/35332 English EMCompass;Note 99 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo International Finance Corporation International Finance Corporation, Washington, DC Publications & Research Publications & Research :: Brief
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic CONCESSIONAL FINANCE
BLENDED FINANCE
CORONAVIRUS
COVID-19
EMERGING MARKET ECONOMIES
spellingShingle CONCESSIONAL FINANCE
BLENDED FINANCE
CORONAVIRUS
COVID-19
EMERGING MARKET ECONOMIES
Sierra-Escalante, Kruskaia
Karlin, Arthur
Blended Concessional Finance and COVID-19
relation EMCompass;Note 99
description Blended concessional finance, the combination of commercial funds from development finance institutions (DFIs) and the private sector with concessional finance from public institutions, foundations, or other contributors, has become much more prominent in recent years as an effective method of spurring innovative private sector projects and programs in emerging markets. These concessional funds are being used in high-risk countries and for pioneering, innovative investments that can lead to dynamic growth and job creation and help meet the United Nations’ Sustainable Development Goals. In the wake of the COVID-19 pandemic, governments, development institutions, and private companies are trying to find mechanisms to prevent the loss of essential economic activity under difficult and uncertain market conditions. In this context, blended concessional finance deployed by DFIs is already playing an even greater role than in the recent past, as it can help bridge critical financing gaps by placing important projects within the risk tolerance of private sector investors and DFIs, despite great market and financial uncertainty. Blended concessional finance will play a critical role to ensure that the response to the pandemic remains focused on the most difficult markets and, as efforts to rebuild are put in motion, the rebuilding is done in an inclusive and climate and gender-smart manner.
format Brief
author Sierra-Escalante, Kruskaia
Karlin, Arthur
author_facet Sierra-Escalante, Kruskaia
Karlin, Arthur
author_sort Sierra-Escalante, Kruskaia
title Blended Concessional Finance and COVID-19
title_short Blended Concessional Finance and COVID-19
title_full Blended Concessional Finance and COVID-19
title_fullStr Blended Concessional Finance and COVID-19
title_full_unstemmed Blended Concessional Finance and COVID-19
title_sort blended concessional finance and covid-19
publisher International Finance Corporation, Washington, DC
publishDate 2021
url http://documents.worldbank.org/curated/en/106651616478705330/Blended-Concessional-Finance-and-COVID-19
http://hdl.handle.net/10986/35332
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