STAP information note #2 on blended finance: Some considerations for project design

This STAP Information Note #2 on blended finance follows the Information Note #1 published in February 2024. In this note, STAP addresses the need for the design of blended finance projects to consider the interactions between the finance logic and the logic for delivering global environmental benefits (GEBs) and not treat them separately. The note proposes three considerations that look at how the finance and GEB logics of blended finance investments interact and converge and suggest that these considerations should be usefully included in calls for blended projects to help bridge the finance and GEB logics.