Development finance

THE BROAD VIEW

Fortifying the role of finance after Indonesia’s floods

Srini Nagarajan, managing director and head of Asia at British International Investment, says: “South-east Asia lacks bankable opportunities in the energy transition space... Private investors will come provided there is a track record of having made money."

Asean needs track record in returns from ESG projects to attract private capital

The agricultural sector could be a gateway for philanthropies to play a bigger role towards decarbonisation of the economy.

Differing funding objectives an obstacle to mobilising more philanthropic capital in blended finance

For some 80 years, the United States spent more on humanitarian assistance, economic development programmes, and other types of foreign aid than any other government.
PERSPECTIVE

Foreign aid looks good now that it’s gone

Funds mobilised the most blended finance capital in 2024, Convergence data shows.
ESG INSIGHTS

Issue 149: Funds take lion’s share of global blended finance volumes; Singapore upgrades sustainability reporting training syllabus

The huge shortfall in climate finance at COP29, coupled with unfinished details on how the rest of the money is to be mobilised, leaves emerging markets facing the daunting task of having to undertake system-wide energy transition efforts.
HOCK LOCK SIEW

Blended finance not a silver bullet to solving the climate financing gap

The global value of climate blended finance deals doubled to US$11 billion in 2023, based on Convergence data.
ESG INSIGHTS

Issue 118: Convergence S-E Asia lead – Regulators should get hands dirty, build sandboxes to grow blended finance

Developing nations, including Indonesia (above), contribute half of global gross domestic product, yet only attract a fraction of the US$220 trillion of global capital due to high perceived risks and other market inefficiencies.

Blended finance driving capital to emerging markets

GoTo, the largest digital ecosystem in Indonesia – where 97 million adults are unbanked – is driving financial inclusion.
THE BOTTOM LINE

Bridging the digital divide in Asia-Pacific

City Developments stock slipped 2.2 per cent after MSCI said it would be dropped from the Singapore index.
ESG INSIGHTS

Issue 100: Lost MSCI, still got ESG; a mixed bag for Asia’s blended finance in 2023