Shell Foundation CEO Jonathan Berman on Blended Finance at Semafor Summit

Jonathan Berman, CEO of Shell Foundation, discussed blended finance at the Semafor Summit. Blended finance combines public and private capital to fund sustainable development projects. Berman highlighted its role in scaling impact, particularly in energy access and climate solutions. The summit brought together leaders from finance, philanthropy, and policy. Shell Foundation, established by Shell plc, focuses on using business-based approaches to address development challenges. Berman emphasized the need for innovative financing models to achieve the UN Sustainable Development Goals.