Unlocking Legal Pathways for Blended Finance

GAIL – the Global Alliance of Impact Lawyers – has released a pathbreaking new Report from its Blended Finance Working Group titled Unlocking Legal Pathways for Blended Finance: Case Studies and Global Insights (April 2024).

All blended finance projects require a legal platform. Legal structuring and legal instruments and techniques are essential to achieve the fundamental objective of combining the right mix of financing – public, philanthropic and private – for social and environmental outcomes.

This Report leveraged the expertise of over 40 lawyers from across 13 jurisdictions who have expertise in advising on blended finance structures, through a series of 8 blended finance working group meetings over the course of a year (2023 – 2024). Its aim is to support and facilitate an acceleration in the flow of capital for the good of people and the planet, in furtherance of the SDGs, by identifying and mapping the legal and regulatory barriers to blended finance and by sharing lessons, learnings and legal case studies from across the world.

Through this Report, GAIL hopes to support the more effective use of blended finance and to enable the scaling of blended finance structures and instruments for positive social and environmental Impact.

The Report includes a number of Australian case studies and an overview of the legal landscape for blended finance in Australia.

Essential reading for anyone involved in blending different sources of capital for Impact.

Unlocking Legal Pathways for Blended Finance: Case Studies and Global Insights