Catalytic capital can be seen as a form of capital willing to bear a higher level of risk and/or accept a concessional return (given the risk incurred) in order to enable the mobilization of third-party investors who would not have participated in the financing of the project in its absence. It is thus one of the key elements in the blended financing structures of impact finance.

What is catalytic capital in the broader impact investing/social finance landscape?
Is there a role for social finance intermediaries in enabling its deployment at scale?
 

Clémentine Blazy from  European Center for Social Finance will help us answer these questions.