From vision to action: launching the Vision 2045 Calls to Action

In November 2025, we published Vision 2045, a shared roadmap setting out how blended finance can reach maturity over the next two decades.

At the Collective’s annual conference in 2025, it was clear that something had shifted. Conversations were sharper, ambitions higher, and a strong appetite for more practical co-ordination across the sector. The roadmap that emerged from those discussions is not a wish list. It is a working framework, co-created by more than 250 members, including fund managers, Development Finance Institutions (DFIs), philanthropic funders, policymakers, and network builders. Designed as a living resource and an open invitation, it sets out a shared direction for the sector. Organisations across the ecosystem can take it forward in ways that make sense for their role and context, as blended finance moves from where it is today to where it needs to be by 2045.

A roadmap only matters if it leads to action. Blended finance has a proven record of closing funding gaps, correcting market failures and mobilising private capital towards outcomes markets would not otherwise reach. Yet real friction remains, from fragmented practices to limited shared tools and learning. That is why we have distilled six focused Calls to Action from the aspirations set out in the roadmap, aimed at specific actors across the market and centred on building the shared infrastructure needed to scale with quality and local relevance.

Today, we are launching these Calls to Action to turn Vision 2045’s long-term ambition into practical collective action now.

Why Calls to Action, and why now?

Vision 2045 sets out an ambitious but achievable goal: a blended finance market that is widely understood, confidently applied, and used where it adds the most value: correcting market failures, mobilising capital, and driving inclusive, sustainable growth.

Achieving this is dependent on actors across the ecosystem taking complementary action, informed by their role and position in the market.

The Calls to Action are designed to support that coordination. They are not a workplan for the Blended Finance Collective, nor a set of prescriptive instructions for the sector. Instead, they point to specific areas where collective effort can progress across multiple pillars of the roadmap, from scale and replicability to capital mobilisation and knowledge sharing.

What the Calls to Action focus on

The Calls to Action draw directly from all five pillars of Vision 2045 and respond to the sector’s needs that emerged:

• Practitioners want clearer, shared frameworks that make it easier to design, explain and replicate blended structures and programmes, without losing the flexibility needed to respond to local markets.

• Investors want greater consistency and transparency around structures, documentation, and reporting, enabling faster decision making and more efficient deployment of capital.

• Governments and public funders want practical support to assess when blended finance is the right tool, and how to structure incentives that mobilise commercial capital in service of policy objectives.

• Across the ecosystem, there is a strong appetite for more open learning, sharing case studies, data, and lessons from practice to build confidence and delivery capability over time.

The Calls to Action focus on developing and sharing common infrastructure, including toolkits, frameworks, templates, evidence, and learning.

Who these Calls to Action are for

Each Call to Action highlights who is best placed to lead or contribute, from DFIs and market builders to asset managers, governments, philanthropic funders and networks. In many cases, the greatest value will come through co creation and collaboration, rather than parallel or one-off initiatives.

The role of the Blended Finance Collective is to help convene, connect, and amplify. We will support learning and continue to be a space for shared problem-solving.

An open invitation to the sector

These Calls to Action are an invitation.

They are intended to spark conversation, collaboration, and commitment: to build on existing work, test ideas in practice, and identify where shared effort is needed. They will evolve over time, shaped by feedback and learning from across the market.

If you are looking for a practical way to engage more actively with Vision 2045, we hope the Calls to Action gives you a clear place to start.

If you are already working on any of these areas, we would love to hear from you.

If you see gaps, tensions, or opportunities we have missed, we welcome that challenge.  

Let us know what you think and how you could help take action, get in touch.