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FAO’s Blue Growth Initiative: Blue finance guidance notes. Blended finance
The United Nations estimates that $4 trillion a year are needed through 2030 to achieve the SDGs, compared to around $1.5 trillion currently being invested. Public finance does not have sufficient resources to fill this gap, while for developing nations, the private sector is responsible for around 90% of jobs, 60% of investments, most exports, 80% of government revenues and a growing share of essential services, inventions and innovations (World Bank 2019). Blended finance can be used effectively in a number of situations so as to involve in the private sector.
Find more Blue Growth guidance notes here.
Date
2020
Publisher
FAO
Region
Global
Keywords