SINGAPORE—Blended financing can help encourage power industry players to retire their coal plants early and develop renewable energy (RE) projects for a lower cost, energy transition experts said. As its name suggests, blended financing mixes public and philanthropic investments to encourage private funding in developing countries and help achieve sustainable development goals. Climate Smart Ventures managing partner Lawrence Ang explained that blended financing could accelerate just energy transition when donors or lenders offer debt that matured longer and had lower interest rates, compared with power asset owners funding RE projects themselves or getting funding from commercial banks at a much higher cost.

https://business.inquirer.net/407134/blended-financing-eyed-as-coal-to-re-transition-aid

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