Innovation and effectiveness? Challenges, risks and opportunities for blended finance

This report from Oxfam explores the challenges, risks, and opportunities associated with blended finance as an innovative approach to development funding. It examines how blended finance, which combines public, private, and philanthropic capital, can be effective in achieving development outcomes. The paper also highlights the institutional constraints and governance issues that need to be addressed to maximize the positive impact and minimize the potential downsides of blended finance initiatives.