Blended finance was supposed to be the golden ticket for sustainable development. A mix of public, private, and philanthropic money to drive investments into emerging markets, infrastructure, and green projects. But the reality? After 15 years, blended finance still mobilizes only $15 billion annually—nowhere near the trillions needed. So, what’s changing in 2025? Some say the sector is evolving. Others claim it’s just another overhyped financial model. Let’s break it down and cut through the noise.
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