The Department of State, in partnership with USAID, has launched the Blended Finance for the Energy Transition (BFET) program by issuing an initial request for concept proposals for private sector-led blended finance structures.
Reducing greenhouse gas emissions while addressing growing energy demand in emerging markets and developing economies will require massive investment (the International Energy Agency estimates over $2 trillion annually by 2030). In this context, unlocking capital from institutional investors will be key to achieving the scale of finance necessary to fund the energy transition.
With catalytic co-funding from the U.S. government and other partners, the goal of BFET is […]
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