Blended Finance plays a critical role in Climate Finance and making strong and impactful climate projects investible. That is why part of Canada’s $2.65 billion Paris Commitment goes toward blended finance funds at multi lateral development banks, such as the Inter American Development Bank. Pilar Carvajo, Investment Officer in the Blended Finance team at IDB Invest, discusses blended finance, how it is used at IDB Invest and how the institution is active in climate finance.
