2021 Blended Finance & Impact Week


The COVID-19 crisis is further increasing climate investment gaps, with limited fiscal resources available in developing countries. As a result, there is an even greater need to mobilize institutional investors, to scale up climate-related investments in developing countries. Interestingly, institutional investors are also increasingly making bolder commitments on the climate front with a series of initiatives emerging such as the Net zero asset owner alliance convened by the UN. However, although institutional investors are increasingly looking for ways to tap into new investment opportunities that could deliver high returns, there are still numerous challenges to mobilising private investment to climate finance projects in developing countries in particular. This session will aim to highlight the key bottlenecks faced by institutional investors when investing in developing countries with a climate focus but also emphasize some of the key best practices and examples of climate investments that could be replicated across various developing countries. Moderator: Ulrika Åkesson, Lead Policy Specialist Environment and Climate Change, Chair of ENVIRONET, OECD