Innovative Finance KXS - Vancouver Edition

Leveraging the power of blended finance to advance global sustainable development: case studies from the field

The Canadian Forum for Impact Investing and Development (CAFIID) is pleased to invite you to join us in Vancouver on September 26th for a workshop on new models of investment and financing in developing countries. The CAFIID Knowledge Exchange Series on Innovative Finance will provide information, learning and networking to members and invited guests in cities across Canada. Innovative financing for development refers to initiatives that aim to raise new funds for development or to optimize the use of current funds. New sources of funding are critical to achieve the Sustainable Development Goals, with the United Nations estimating a $2.5 trillion annual financing gap. Blended finance is a leading form of innovative finance which seeks to improve the risk-return profiles of investment opportunities in developing countries to mobilize private sector investment in a project, company, portfolio, or country that they would otherwise not invest in.

What is blended finance all about?

See the models in action with practical case studies including Climate Investor One, a $1B renewable energy fund that combines three investment facilities into one to finance projects in the wind, solar and hydro sectors.

Please join us for an interactive workshop led by Chris Clubb, MD of Convergence.

Alexa Blain, co-founder and Managing Partner of Deetken Impact will discuss structuring development finance capital to encourage private sector investment in international impact investment funds: examples from the Ilu Women's Empowerment Fund and the Caribbean Basin Sustainable Energy Funds.

Ryan Clark, Director at Global Affairs Canada, will participate in the workshop to describe Canada’s new International Assistance Innovation Program – a leading program amongst development agencies globally to mobilise new sources of funding to development.

The workshop will:

• Provide participants a beginner- to intermediate-level of knowledge of innovative finance and blended finance for developing countries

• Describe how blended finance is a sub-set of innovative finance

• Describe how blended finance is one tool in the development toolbox which complements traditional tools such as grants, technical assistance, capacity building, sovereign loans and development finance

• Describe the sectors, SDGs and projects where blended finance and development finance is a good tool, and those where other development tools are more appropriate

• Describe how development capital can be deployed in a blended finance transaction to create an acceptable risk-return investment profile that can mobilize private sector investment to increase the quantity and quality of financing and investment in developing countries

• Describe the ‘State of Blended Finance’ globally and in Canada (i.e., key trends and current landscape)

• Describe the main international advancements and activities in blended finance, including the OECD Blended Finance Principles and the Tri Hita Karan Roadmap for Blended Finance

• Profile good practice innovative finance / blended finance case studies, skewing towards Canadian organizations

To join us in Vancouver on September 26, please RSVP for this intimate gathering with Canadians and Canadian-organizations in finance to learn about the players, deal structures, available resources and thought-leaders.

This event has been made possible through support from Convergence, Deetken Impact and hosted by Oikocredit Canada.

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