The Blended Finance Alliance aims to be the regional hub and global accelerator for blended finance and innovation for a“Better Business Better World”aligned with the UN SDGs.
“The SDGs cannot be achieved by each country in isolation. They should be achieved through global leadership and shared responsibility.”
President Joko Widodo, Republic of Indonesia
ASEAN Leaders Gathering, Bali, 2018
VISION
To drive innovation and collaborative finance and business solutions that create social, ecological and spiritual harmonies to deliver a triple happiness impact for all people.
To Align, Blend, Change DNA of Enterprises, Funds and Governments for Happiness Impact (ABCDEFGHI)
MISSION
Under Indonesia’s championship, the G20 Osaka Leaders’ Communique recognized the pivotal role of blended finance as a vehicle to incentivize private finance toward investment in the SDGs
The mission of the Blended Finance Alliance (formerly Blended Finance and Innovation Institute) is to align global and local tri-sector partners to support the incubation of innovative financing for inclusive business and the SDGs in the emerging economies.
It seeks to overcome barriers to investing in high-impact sectors in emerging markets, create a hub of best practice for developing country infrastructure finance institutions, accelerate on-ground pipeline development (especially for natural solutions, clean energy and circular economy), and convene leaders around catalytic financial instruments to crowd in commercial investment at scale.
The BF Alliance will create shared institutional learning across stakeholders, match-make capital to projects, catalyse leadership and forge new collaboration between public, private, civil society and academia to scale up innovation and investment for sustainable and inclusive development.
BF Alliance will align global and local tri-sector partners to support the incubation of innovative financing for inclusive business and SDG projects in emerging economies. It seeks to overcome barriers to investing in high-impact sectors in by accelerating on-ground pipeline development and convening leaders around catalytic financial instruments. The BFI Institute will create shared institutional learning across stakeholders, match-make capital to projects and forge new collaboration between different stakeholders.
The THK Forum is looking to launch the BF Alliance at the Tri Hita Karana Sustainable Development Forum around the G20 Summit with Indonesia as Chair in 2022.
Blended Finance and Innovation Institute (Blended Finance Alliance):
Invitation from President of Indonesia to Collaborate
“The journey has just begun for our government as well as our blended finance partners to deliver outcomes of the billions in commitments. Indonesia government and Tri Hita Karana Forum envisage a Global Blended Finance and Innovation Institute* for Better Business Better World in Bali to scale up capacity building, policy research and action labs for real solutions. We invite THK Forum partners, governments, multilateral organisations, financial actors, business, academia, NGOs and strategic stakeholders to set up presence and partake actively in meeting this joint challenge as we forge a concrete path in a common vision for humanity.”
President Joko Widodo, Republic of Indonesia
*Blended Finance and Innovation has now become Blended Finance Alliance
The BF Alliance Six Action Areas
with Strategic Partners
The BF Alliance will collaborate with key partners in the delivery of each of the action area.
The BF Alliance will work through its three core pillars of workstreams to support the delivery of its Six Action Areas.
Leadership and Convening
Alignment of global partners to support the incubation of innovative financing for social and environmentally inclusive business solutions by attracting global interests and awareness.
Knowledge Sharing and Capacity Building
Enhance capacity through creating shared institutional learning across multi-stakeholders in Indonesia and emerging markets.
Incubation
Accelerate nature-based solutions and project pipelines development and unlocking barriers including regulatory barriers to scale investment.
SDG Priorities for the BF Alliance
The BFI Institute focuses on 10 SDG priority areas, with Indonesia’s Bali and Papua provinces serving as SDG testbed to pilot and accelerate innovation.
