McLeod Group guest blog by Ian Smillie, August 6, 2019
The Globe and Mail recently ran a story written by two employees at a Canadian government-funded organization called Convergence. Headlined “Blended finance offers global solutions,” it explained – or at least it tried to explain – how “strategic use of capital from public sources to mobilize private-sector funds can help developing countries.”
“Blended finance,” the article states, “is the strategic use ...
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