The State of Blended FInance 2024 (Climate Edition): Spotlight on Africa

This webinar provides participants with an awareness and understanding of the trends and emerging issues in within the climate finance ecosystem and will reflect on the impact of various blended instruments deployed to share or shift risks while deploying climate finance.

This year, for the first time, Convergence released two State of Blended Finance reports. This second report, with a focus on climate, complements the 2024 State of Blended Finance which covered the overall blended finance market and was released earlier this year.  

As a snippet, Sub-Saharan Africa attracts 41% of the climate-blended finance transactions mostly to energy, agriculture, and financial services, directly or via multi-region mandates. Unsurprisingly, 5 out of top 10 countries in blended finance deal count league table are in Sub-Saharan Africa.

However, risks (real and perceived) and relatively low ticket sizes still impede private capital mobilization despite extensive investment opportunities, hence the increasing the relevance of blended finance in these contexts.  

The webinar will covers data, trends, insights, and recommendations from the report with a special focus on the Africa region. The panel discussion reflects on the wins and challenges so far, and chart the path ahead drawing insights that would improve private capital mobilization with a climate-lens in Africa. 

Moderator:
– Aakif Merchant, Director, Engagement & Capacity Building, Convergence Blended Finance

Panelists: 

– Karnika Yadav, Partner & Director, Africa, Intellecap Advisory Services Private Limited
– Frank Aswani, CEO, African Venture Philanthropy Alliance (AVPA)
– Moubarak Moukaila, Director of Environment and Climate Finance Department, West African Development Bank

Watch this webinar on demand now: CLICK HERE