Philanthropy plays a vital role in the development sector naturally, however, in India today philanthropy capital accounts for only 5% of the total funding, with 95% coming from the governments.
Is there a way we can reimagine the development sector, as a market place, that can manage risk in the hope of certain returns and rewards? With blended finance there is an opportunity to change how capital fuels and enables scale of impact. Within the promise of blended finance, philanthropy could play a significant, catalytic role, and in this episode of Decoding Impact host Rathish Balakrishnan is joined by Prachi Windlass, a Senior Director and the Michael and Susan Dell Foundation, India, to discuss:
• What does blended finance look like in India today?
• How does philanthropic capital and other sources of capital come together to create a blended finance model?
• The maturity curve for blended finance to come in
• Tangible examples of how blended finance can enable impact
With the challenge of a capital shortfall to meet the total annual funding required for India to achieve the promise of the Sustainable Developement Goals by 2030, Prachi lends her experience and expertise to illustrate the true value philanthropy can unlock to enable a sustainable transformation in India's impact ecosystem. Listen to the latest episode of Decoding Impact today on Youtube!
Explore some of our SKI products related to this topic:
• Decoding the Rupee for Rupee impact of blended finance ft. Ramraj Pai ([ Ссылка ])
• Decoding Climate Finance with Varad Pande ([ Ссылка ])
• Guidebook: CSR and Corporate Philanthropy Towards Innovation ([ Ссылка ])
Guest: Prachi Windlass ([ Ссылка ])
Host: Rathish Balakrishnan ([ Ссылка ])
Producer: Meenakshi Iyer ([ Ссылка ])
Produced by: Pickle Jar Media ([ Ссылка ])
Chapters
00:00 - Precap
01:20 - Welcome
01:35 - Topic and Guest Intro
03:24 - Prachi Windlass's Journey & Dell Foundation's entry into blended finance
09:37 - What is blended finance?
11:23 - How commercial and philanthropic capital can come together to create blended finance
16:31 - Advice to philanthropists who want to use blended finance
22:00 - The maturity curve for blended finance
23:52 - Examples of how blended finance can work
30:58 - The risks and specificity needed for public and private systems to invest
32:12 - Examples of how to unlock the imagination around blended finance
48:01 - Three different types of blended finance approaches
50:49 - Challenges and barriers to blended finance
56:44 - The irreversible change in the system
01:00:42 - Reducing the friction to enable blended finance
01:03:47 - Wishlist to unlock blended finance
01:06:40 - Summary and thanks
