London, England: The Sustainable Markets Initiative’s Blended Finance Task Force today announced new members. The Task Force, launched earlier this year, will build on the blended finance work undertaken to date and aims to develop solutions that will help mobilize finance at scale and promote innovation to support industry, create value and sustainable solutions. Members will help to unlock capital that is needed to realize global commitments on climate change and sustainable development, including in emerging economies where climate change has an even greater adverse impact. 

Blended Finance Task Force founding company members include: 

• Bank of America

• CDPQ

• Citi 

• EY 

• HSBC

• Mitsubishi UFJ Financial Group, Inc. (MUFG）

• Ninety One 

• State Street 

Blended Finance Task Force has strategic partnerships with the following organisations:

• Global Infrastructure Hub

• Investor Leadership Network

The Task Force will promote leadership in the Blended Finance space, in the pursuit of tangible, scalable and lasting sustainable business and financing practices. It will help to identify blended finance solutions that enable the private sector to dramatically scale investment and deploy capital to accelerate the transition to net zero, including in emerging and developing markets​. 

View the full press release PDF here

Learn more about the Blended Finance Task Force here