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May 20, 2025 37 mins
Across North America and Europe, international development budgets are being slashed. Development Finance Institutions need to ensure that every dollar invested delivers maximum possible impact. 

Blended finance - where concessionary capital provided by DFIs and others - is used to attract private capital to address acute climate and development needs, is becoming an increasingly important vehicle for doing just that. 

In this episode of the Impact = podcast, we speak to Joan Larrea, the CEO of Convergence, the global network for blended finance, on efforts to accelerate the flow of private capital into emerging markets. 
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