Case Study
Governance & Rights
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Livelihoods & Economic Inclusion
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Blended Finance in the Least Developed Countries 2020

Aakif Merchant et al.
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This report analyses how blended finance was deployed in Least Developed Countries (LDCs) to support a resilient recovery from the COVID-19 crisis. It highlights case studies that leveraged concessional capital, public guarantees, and technical assistance to boost critical sectors like health, SMEs, and digital infrastructure. The paper provides actionable recommendations for policymakers, development partners, and investors on how to better structure blended instruments for crisis response and long-term sustainable development, emphasizing the need for faster deployment and greater risk tolerance in these vulnerable economies.