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ESG Insights

Issue 88: Still looking for blended solutions; Singapore’s Budget 2024 and the climate

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Kenneth Lim

Kenneth Lim

Published Fri, Feb 16, 2024 · 02:30 PM
    • Data by Convergence show Asia blended finance deal volumes rising in 2022, the only region in the world to see growth.
    • Data by Convergence show Asia blended finance deal volumes rising in 2022, the only region in the world to see growth. ILLUSTRATION: KENNETH LIM

    In this issue: Blended finance faces a scale challenge, while Singapore will have to consider decarbonisation-linked inflation as the government announces its new Budget.XXX

    Asia

    Blended finance’s promise

    A recent report by the US-based Institute for Energy Economics and Financial Analysis (IEEFA) and India’s auctusESG makes a familiar argument: Blended finance can help to unlock financing for the vast numbers of “unbankable” projects that are sorely needed to close the energy transition gap in developing countries.

    ESG Insightssustainable financeTransition financeSingapore Budget 2024Singapore inflationESG

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