Bottlenecks, blind spots, and blended finance

The Green Economy Coalition introduces the 'Triple B Framework' (Bottlenecks, Blind Spots, and Blended Finance) to address capital misallocation and sluggish growth in the transition to green and inclusive economies. The framework emphasizes the role of non-financial capital—such as social, cultural, and political capital—particularly in emerging markets where traditional financial engineering is less prevalent than in advanced markets.

• The Triple B Framework is designed to address capital misallocation and sluggish growth by identifying 'bottlenecks' (structural, processual, and cognitive barriers to capital mobilization) and 'blind spots' (barriers arising from human behavior and attitudes).
• Homogeneity in the finance industry regarding gender, race, and ethnicity creates cognitive blind spots that limit problem-solving capabilities and innovation, leading to high opportunity costs and negative impacts on fund performance.
• The framework redefines 'Blended Finance' as a strategy that combines financial capital with non-financial forms, including knowledge, political, social, cultural, network, and relationship capital. This approach is presented as more suitable for emerging markets than conventional models from the IFC, OECD, WEF, and Convergence, which focus primarily on financial capital types found in advanced markets.
• In emerging ecosystems, the framework prioritizes 'ecosystem builders' and catalysts who deploy non-financial capital to align supply and demand. It suggests that non-financial capital and institutional infrastructure often require investment before individual enterprises can receive financial injections.
• Practical applications of innovative financing are noted in the Caribbean, such as the MPC Caribbean Clean Energy Fund's use of dual listings on the Jamaican and Trinidad and Tobago stock exchanges to mobilize investment, and the use of credit unions by Resilience Capital Ventures.

APA

Marcelle, G. (2021). Bottlenecks, blind spots, and blended finance. Green Economy Coalition. https://www.greeneconomycoalition.org/news-and-resources/bottlenecks-blind-spots-and-blended-finance

Chicago

Marcelle, Gillian. Bottlenecks, blind spots, and blended finance. Green Economy Coalition, 2021. https://www.greeneconomycoalition.org/news-and-resources/bottlenecks-blind-spots-and-blended-finance.

Wikipedia

{{cite report |last1=Marcelle |first1=Gillian |title=Bottlenecks, blind spots, and blended finance |publisher=Green Economy Coalition |date=22 March 2021 |url=https://www.greeneconomycoalition.org/news-and-resources/bottlenecks-blind-spots-and-blended-finance |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{marcelle2021bottlenecks, author = {Marcelle, Gillian}, title = {{Bottlenecks, blind spots, and blended finance}}, institution = {Green Economy Coalition}, year = {2021}, month = mar, url = {https://www.greeneconomycoalition.org/news-and-resources/bottlenecks-blind-spots-and-blended-finance}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }