Blended finance can fill investment gaps to meet SDGs4 min read 28 Mar 2023, 09:59 PM IST
Private sector innovation can unlock transition finance to craft a tomorrow where no one is left behind
During the covid waves in India, several producers of raw materials required for face masks, vaccines and supply chains were struggling to meet demand as they fell short of working capital. To address this, multiple stakeholders —the Indian government, USAID, The Rockefeller Foundation and other development agencies, financial institutions, entrepreneurs, accelerators, and academia—launched a blended financing entity called Sustainable Access to Markets and Resources for Innovative Delivery of Healthcare (Samridh).
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