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DTEND;TZID=Europe/London:20250319T153000
UID:https://www.lse.ac.uk/granthaminstitute/?post_type=event&p=75094
DTSTAMP;TZID=Europe/London:20260920T074750Z
LOCATION:FAW 9.04\, London School of Economics\, Clement’s Inn\, London WC2A 2AZ
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<p>Professor <a href="https://www.columbia.edu/~cf2870/">Caroline Flammer</a> at the Grantham RSS event on Wednesday 19 March. Professor Flammer is the A. Barton Hepburn Professor of Economics at Columbia University. Caroline will be discussing ‘Blended Finance’.</p>
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<p><strong>Abstract</strong></p>
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<p>‘Blended finance—the use of public and philanthropic funding to crowd in private capital—is a potential way to finance a more sustainable world. We provide a conceptual framework that formalizes the decision-making of development finance institutions (DFIs) that engage in blended finance\, and provide empirical evidence using deal-level data from a major DFI. Consistent with our conceptual framework\, we find that DFIs provide higher concessionality for projects with higher sustainability impact. Moreover\, the concessionality is higher for projects in countries with higher political risk and information asymmetries. In such cases\, the blending tends to also include risk management provisions.’</p>
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<p><strong>The Research Seminar Series is open to all LSE researchers. No pre-registration required to attend the seminars. If you wish to attend the seminars or want to be kept informed about upcoming seminars\, please email <a href="mailto:Gri.Events@lse.ac.uk">Gri.Events@lse.ac.uk</a>.</strong></p>
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URL;VALUE=URI:https://www.lse.ac.uk/granthaminstitute/events/caroline-flammer-research-seminar-series/
SUMMARY:Blended Finance | Caroline Flammer
DTSTART;TZID=Europe/London:20250319T140000
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