The UK Government has an opportunity to mobilise far greater amounts of private investment for public policy priorities than is the case now. Blended finance, deployed well, offers a tried and tested pathway for public and private investors, with different outcome, risk and return expectations, to work effectively together. This paper provides examples from the UK which can be replicated to crowd in multiples of private investment for every pound contributed by the taxpayer. The UK is losing out globally against its peers in the US and the European Union, which are using blended finance to catalyse private investment, particularly into climate finance.
Sarah Gordon and Anna Valero
26 October 2023
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This work is published under POID and is part of the CEP's Growth programme.
This publication comes under the following CEP theme: UK productivity and policy, Clean growth