Catalyzing Green Finance: A Concept for Leveraging Blended Finance for Green Development


Developing Asia needs an estimated at $26 trillion to build climate-adjusted infrastructure through through 2030. This necessitates crowding-in private sources to meet financing, efficiency, and technology gaps. However, countries lack bankable projects.

This publication looks at the Green Finance Catalyzing Facility (GFCF), an innovative financing solution for enhancing both financially bankable as well as environmentally sustainable infrastructure. It proposes a blended finance framework for governments and development entities to better leverage development funds for risk mitigation, generate a pipeline of bankable green infrastructure projects, and directly catalyze private finance. The GFCF provides useful inputs for the debate on mainstreaming green finance into country financial systems.


  • The Green Finance Priority
  • The Green Bankability Conundrum
  • The Emerging Lessons from Green Finance Initiatives
  • The Green Finance Catalyzing Facility

Published August 2017.
Source: Asian Development Bank.

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