Globally, we face significant development challenges such as climate change, gender inequality, inequitable access to healthcare, and access to quality jobs. In this poly-crisis moment, the financing gap to achieve the UN Sustainable Development Goals (SDGs) has widened to USD 4 trillion a year. Innovative financial tools and collaboration are required to meet this moment.

Catalytic capital, which accepts disproportionate risk and/or concessionary returns and enables third-party investment, has the potential to help close the gaps left by government and mainstream capital and generate impact that otherwise could not be achieved.

In the third part of the series of Global Webinars on Catalytic Capital, this conversation discussed the nuance of the partnerships between catalytic and commercial investors in deploying joint investments.

Catalytic capital plays a pivotal role in mobilising private investments toward sustainable development via blended transactions. However, a crucial question arises: "Who gets the returns?" This session delves into the complex landscape of return distribution in blended transactions, exploring how various stakeholders, including commercial investors and those deploying catalytic capital, share the benefits and profits.