16 September 2020, 14:30 -
Financing sustainable development: Blended Finance
We now have less than 10 years to achieve the Sustainable Development Goals (SDGs). To date, the SDGs have been underfinanced. The annual financing gap to achieve the SDGs by 2030 currently sits at USD 2.5 trillion. We need to reconsider how we can realistically finance the SDGs by 2030 and it is widely recognised that so called "blended finance" could play an important role in filling this gap.
Blended finance involves a combination of money from various types of investors in order to create a desired impact. These investors could be governments, banks, so-called “impact investors” or philanthropic organizations. Crucially, one of the investors must be a public body.
Agnes Johan and Teun van Vlerken, members of the Blended Finance team of Rabo Partnerships, The Netherlands will share with us their views and experiences with blended finance at Rabo Partnerships, which is part of the Rabobank group, focusses on positive impact-creating transactions (environmental and social) in emerging countries using public and private funding.
Examples of transaction in which Rabo Partnerships has been involved are:
- the AGRI3 Fund, a blended finance vehicle which makes investments in sustainable agriculture and enables farmers to engage in reforestation; and
- a financing structure for NKG, a German based coffee trader, to provide pre-financing for farmers, whereby the risks are not only borne by NKG but also by impact investors, USAID and the commercial banks providing the financing.
Please let us know if you can join us on 16 September 2020 from 14:30 - 15:30 (Standard South Africa Time) and learn more about blended finance and its potential.
If you are interested in attending, please get in touch here at [email protected]