Blended finance has emerged as an important mechanism for mobilizing capital toward climate solutions in emerging markets and developing economies and helping develop investment vehicles to integrate gender considerations into climate solutions. Gender-responsive climate investments, however, remain a relatively small share of the broader climate blended finance market; only a quarter of all climate blended finance transactions explicitly incorporate gender-responsive components. This reflects both the nascency of the market and the continued need for catalytic capital, improved measurement frameworks, and ecosystem support to scale gender-responsive climate investments.
This brief explores the use of blended finance for gender-responsive adaptation, providing a sector overview and analyzing transactions within Convergence Market Data, while drawing insig hts from interviews with investors and practitioners.
AUTHOR(S): Robin Ivory, Manager, Market Insights at Convergence
SUGGESTED CITATION:
Convergence Blended Finance (2026). Blended Finance for Gender- Responsive Climate Adaptation. Convergence Enhanced Data Brief.
