Blending in Conservation Finance

This Brief considers how blended finance approaches have been deployed in conservation finance to date. According to the Convergence database, there have been 30 blended finance transactions focused on financing conservation projects, which represent aggregate financing of $3.1 billion. This includes solutions for a diverse set of conservation projects, from reforestation to ocean waste management. This Brief only includes blended finance transactions that explicitly seek to preserve / foster biodiversity and does not include transactions that may have an indirect positive impact on biodiversity (e.g., financing for sustainable agriculture).