Catalyzing private finance for climate action is essential to achieving goals for limiting global warming. Global climate financing currently available is insufficient to meet the minimum USD 1.6 trillion annual target needed to keep warming within the 1.5-2°C range.
USAID seeks to play a pivotal role in climate action, increasing funding to partner countries and reducing global emissions by half by 2030.
Blended finance can catalyze private sector investment for climate action with financial structuring that enables impact-oriented donors and commercial capital providers to invest alongside each other to increase the speed and scale of climate solutions.
