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From Bali to Billions: Unpacking Global Finance and Shared Values for a Sustainable Future
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Synopsis: G20 Bali Global Blended Finance Alliance – Sustainable Finance for Our Shared Future
The G20 Bali Global Blended Finance Alliance (GBFA) represents a groundbreaking initiative launched to bridge the multi-trillion-dollar funding gap required for sustainable development and climate action in emerging and developing economies. Formed during the 2024 World Water Forum in Bali, the Alliance unites public, private, and philanthropic capital to de-risk investment and empower country-led solutions for climate mitigation, infrastructure, and inclusive growth.
Anchored in South-South cooperation, the GBFA facilitates partnerships, builds institutional capacity, and fosters platforms that align development and climate strategies. With support from global partners like the OECD, UNDP, and the Tri Hita Karana Forum, the Alliance is committed to scaling innovative blended finance models and advancing the UN Sustainable Development Goals. Its formation marks a transformative step toward mobilizing global resources, deepening multilateral cooperation, and delivering tangible, locally owned progress for people and the planet.
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