Baastel conducted a formative evaluation of the Supporting Blended Finance project, a pioneering initiative to address financial barriers to the UN Sustainable Development Goals (SDGs) by 2030. The approach blends public and private investment to finance projects across sectors, including economic development, climate action, and gender equality.
Scope of work
Baastel’s evaluation focused on assessing the project’s integration of gender equality and financial sustainability. Key activities included:
Findings and recommendations
The evaluation highlighted the project’s innovative use of blended finance to address critical financing gaps for the SDGs:
To maximize impact, the evaluation recommended to:
About the Supporting Blended Finance Project
The Supporting Blended Finance project aims to bridge the financing gap for the Sustainable Development Goals (SDGs) by leveraging capital from multiple sources, including the private and philanthropic sectors. It focuses on increasing access to innovative blended finance products and building the capacity of stakeholders to design and implement effective blended finance models. As of March 2024, the project has achieved significant goals by hosting 70 training and engagement events with 2,500 practitioners, producing extensive analytical reports, and awarding 66 grants worth $17 million to scale innovative finance initiatives globally.
2024
Global
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Global Affairs Canada
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