UN Global Compact launches playbook for blended finance deals
The UN Global Compact CFO Coalition launched a practical playbook to help companies structure blended finance deals, targeting the $24B market and addressing the $4T SDG financing gap.

*this image is generated using AI for illustrative purposes only.
The UN Global Compact CFO Coalition for the SDGs launched 'Business-Led Blended Finance: A Practical Playbook' on June 22, 2026, to help companies structure deals in the $24 billion blended finance market. Released during London Climate Action Week 2026, the guide aims to shift businesses from passive recipients to active architects of blended finance, addressing the $4 trillion annual SDG financing gap. The Playbook provides practical tools for corporate finance and sustainability teams to engage with confidence in structuring transactions.
Blended finance, which uses public or philanthropic capital to improve investment risk-return profiles, has seen total annual flows rise from US$14 billion in 2020 to US$24 billion in 2024. However, existing guidance has primarily targeted capital providers like governments and development finance institutions. The new Playbook addresses this imbalance by offering resources specifically for real economy companies, ranging from multinationals to SMEs in emerging markets.
Sanda Ojiambo, CEO and Executive Director of the UN Global Compact, emphasized the private sector's untapped role in blended finance. She stated that the Playbook serves as an operational tool for finance leaders to align private capital with nationally driven pathways to resilience and growth, especially as public balance sheets face pressure.
Sector Focus and Case Studies
The Playbook identifies energy and infrastructure as the primary drivers of corporate engagement, accounting for nearly three-quarters of corporate investment activity. These sectors are considered natural entry points due to their tangible, long-term assets aligning with sustainability commitments and investor mandates.
Case studies included in the document illustrate successful blended finance transactions:
| Company | Project | Partners/Backers |
|---|---|---|
| FCC Construcción | Digital infrastructure permitting | 13 organizations across five countries via EU's Horizon Europe programme |
| Safaricom | Telecom expansion in Ethiopia | International Finance Corporation, Multilateral Investment Guarantee Agency |
| Tata Steel | Decarbonization of steel manufacturing | UK Government |
Leadership Perspectives
Mahar Al-Haffar, CFO of Cemex and co-Chair of the Advisory Board, highlighted the potential of blended finance to accelerate investment in sustainable infrastructure and industrial decarbonization. He noted that while the opportunity is significant, the structuring process is often complex, and standardized tools are essential for efficient engagement.
Koushik Chatterjee, Executive Director and CFO of Tata Steel and co-Chair of the Advisory Board, stressed that large-scale industrial transformation requires close partnership between governments, business, and financial institutions. He added that the Playbook provides practical guidance for companies to engage earlier and structure transactions effectively to deliver commercial viability and measurable impact.
The Playbook includes a Toolkit for Blended Finance Risk Management and Capital Structuring and a Checklist for Navigating Due Diligence & Project Preparation to assist teams in designing transactions.
How will the release of this Playbook influence the projected growth rate of blended finance flows beyond the current $24 billion mark?
What mechanisms will be put in place to measure the success of corporate adoption of blended finance in closing the $4 trillion annual SDG financing gap?
Will the standardized tools provided in the Playbook reduce the complexity costs associated with structuring deals for SMEs in emerging markets?
























