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Blended finance is gaining interest in ESG, sustainable finance, and impact investing circles. More and more people are realizing that, in order to scale financing solutions to address the world’s most significant challenges, like those captured in the Sustainable Development Goals (SDGs), we need to deploy governmental and philanthropic interventions to make impact projects investable for the deep pockets in finance: pension funds, insurance companies, and sovereign wealth funds. Blended finance is the catalyst for impact: it mobilizes institutional investment by making investable projects that would otherwise be considered uninvestable.