Climate Change Funding Challenges
This is a Canada news story, published by financialpost, that relates primarily to FinDev Canada news.
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Green Climate Fund investmentfinancialpost
•How public funds attract private dollars for climate financing
72% Informative
Blended finance uses scarce public dollars to sweeten the financials of a project enough that it makes sense for the private sector to invest.
FinDev Canada announced a blended finance platform just as COP29 got underway.
The model is especially needed in developing countries, where the risks are higher and so the business case is harder to make.
Canada makes better use of publicly funded lenders like the Canada Infrastructure Bank .
Others are pushing for much greater direct lending to public projects from public banks.
Some are concerned blended finance isn’t suited to the task, but others say it’s important to figure out how to make these deals work.
VR Score
79
Informative language
79
Neutral language
53
Article tone
informal
Language
English
Language complexity
50
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
8
Source diversity
5