Green projects: FinMin may allow cos to deploy blended finance instruments ...Middle East

The finance ministry is examining the possibility of allowing financial institutions to raise funds from blended finance instruments to invest in green climate projects, sources said. Blended finance involves leveraging of financial resources of the public sector or philanthropies to phase in private sector investment, thereby catalysing private finance in high-risk and long-gestation projects. The use of blended finance promotes investments in new and emerging sectors and it attracts commercial capital towards projects that contribute to sustainable development, while providing financial returns to investors, the sources said, adding, it holds the potential to catalyse private finance in su

Hence then, the article about green projects finmin may allow cos to deploy blended finance instruments was published today ( Sunday 23/04/2023 - 02:13 PM ) and is available on Business Standard ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Green projects: FinMin may allow cos to deploy blended finance instruments )

Also on site :

• Claroty Secures $150 Million in Series F Funding to Lead Charge on Securing the World's Mission Critical Infrastructure
• Immfly to bring Eutelsat's OneWeb LEO High-Speed connectivity to disconnected narrowbody LCC/ULCC fleets worldwide
• Preply lève 150 millions de dollars pour façonner l'avenir de l'apprentissage grâce à un enseignement piloté par l'humain et renforcé par l'intelligence artificielle