NDF highlights its blended finance approach in a newly released publication
In collaboration with Convergence, NDF has now published an overview of our blended finance activities.
91Â鶹ӳ»´«Ã½ (NDF), jointly with Convergence, has released a concise overview of its blended finance activities, underscoring its pivotal role in climate and development financing. The new publication, ‘Blended finance approach at a glance,’ details NDF’s approach for leveraging funding to catalyse innovation and impact in private sector investments.
Since refocusing its mandate in 2009, NDF has made investments in 12 blended finance funds, with 66% dedicated to climate mitigation and 34% to climate adaptation – with adaptation representing a considerably higher share than is typically seen in the blended finance market. These investments, totaling approximately USD 131 million, are designed to attract additional capital to high-risk projects that might otherwise struggle to secure commercial or institutional backing.
The agile concessional financing mandate allows NDF to de-risk investments and maximise impact. Early-stage involvement and co-creation with partners are central to NDF’s approach, enabling the fund to influence design while advancing Nordic values, such as gender equality and strong environmental and social policies.