Bibliometric Review of Blended Finance and Partial Risk Guarantee: Establishing Needs and Advantages
A partial risk guarantee (PRG) is one of the critical instruments in the blended finance approach that provides partial assurance to the risk investor to lend leveraged capital to the borrower. Under the PRG scheme, philanthropic capital is employed as a risk guarantee to create financial and econom...
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| Format: | Article |
| Language: | English |
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MDPI AG
2023-08-01
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| Series: | International Journal of Financial Studies |
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| Online Access: | https://www.mdpi.com/2227-7072/11/3/103 |
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| author | Kamakshi Sharma Tusharika Mahna Sonali Jain Sanjay Dhir Neeta Rao Achin Biyani Himanshu Sikka Rishit Yadav Sidharth Dua Archish Gupta |
| author_facet | Kamakshi Sharma Tusharika Mahna Sonali Jain Sanjay Dhir Neeta Rao Achin Biyani Himanshu Sikka Rishit Yadav Sidharth Dua Archish Gupta |
| author_sort | Kamakshi Sharma |
| collection | DOAJ |
| description | A partial risk guarantee (PRG) is one of the critical instruments in the blended finance approach that provides partial assurance to the risk investor to lend leveraged capital to the borrower. Under the PRG scheme, philanthropic capital is employed as a risk guarantee to create financial and economic additionality through the multiplier effect. This study examines the current trends in PRG and blended finance ecosystem research. This study also aims to identify future research areas to work upon. The bibliometric analysis highlights the need and advantages of blended finance and PRG. The study highlights themes, such as climate finance, SDGs, impact investments, and blended finance/PRGs, from the literature on blended finance. This study illustrates the impact for researchers and managers regarding the future direction to undertake and the domains where PRG can work wonders. The research allows for a comprehensive view of the leading trends, such as utilising blended finance tools such as PRG in funding the work in climate financing, SDGs, water, sanitation, and impact investment. This is perhaps the first study to conduct a bibliometric analysis of the developing area of blended finance partial risk guarantee literature to highlight its importance and advantages. |
| first_indexed | 2024-03-11T21:28:35Z |
| format | Article |
| id | doaj.art-39de3da396894c37a8ee607aa6cd87c7 |
| institution | Directory Open Access Journal |
| issn | 2227-7072 |
| language | English |
| last_indexed | 2024-03-11T21:28:35Z |
| publishDate | 2023-08-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | International Journal of Financial Studies |
| spelling | doaj.art-39de3da396894c37a8ee607aa6cd87c72023-09-27T13:11:10ZengMDPI AGInternational Journal of Financial Studies2227-70722023-08-011110310310.3390/ijfs11030103Bibliometric Review of Blended Finance and Partial Risk Guarantee: Establishing Needs and AdvantagesKamakshi Sharma0Tusharika Mahna1Sonali Jain2Sanjay Dhir3Neeta Rao4Achin Biyani5Himanshu Sikka6Rishit Yadav7Sidharth Dua8Archish Gupta9Department of Management Studies, IIT Delhi, Hauz Khas, New Delhi 110016, IndiaDepartment of Management Studies, IIT Delhi, Hauz Khas, New Delhi 110016, IndiaDepartment of Management Studies, IIT Delhi, Hauz Khas, New Delhi 110016, IndiaDepartment of Management Studies, IIT Delhi, Hauz Khas, New Delhi 110016, IndiaUSAID India, Health Office, American Consulate, C-49, G-Block, Bandra Kurla Complex, Mumbai 400051, IndiaIPE Global Limited, B-84, Defence Colony, New Delhi 110024, IndiaIPE Global Limited, B-84, Defence Colony, New Delhi 110024, IndiaIPE Global Limited, B-84, Defence Colony, New Delhi 110024, IndiaIPE Global Limited, B-84, Defence Colony, New Delhi 110024, IndiaIPE Global Limited, B-84, Defence Colony, New Delhi 110024, IndiaA partial risk guarantee (PRG) is one of the critical instruments in the blended finance approach that provides partial assurance to the risk investor to lend leveraged capital to the borrower. Under the PRG scheme, philanthropic capital is employed as a risk guarantee to create financial and economic additionality through the multiplier effect. This study examines the current trends in PRG and blended finance ecosystem research. This study also aims to identify future research areas to work upon. The bibliometric analysis highlights the need and advantages of blended finance and PRG. The study highlights themes, such as climate finance, SDGs, impact investments, and blended finance/PRGs, from the literature on blended finance. This study illustrates the impact for researchers and managers regarding the future direction to undertake and the domains where PRG can work wonders. The research allows for a comprehensive view of the leading trends, such as utilising blended finance tools such as PRG in funding the work in climate financing, SDGs, water, sanitation, and impact investment. This is perhaps the first study to conduct a bibliometric analysis of the developing area of blended finance partial risk guarantee literature to highlight its importance and advantages.https://www.mdpi.com/2227-7072/11/3/103bibliometric reviewblended financeborrowerclimatedonoreconomic additionality |
| spellingShingle | Kamakshi Sharma Tusharika Mahna Sonali Jain Sanjay Dhir Neeta Rao Achin Biyani Himanshu Sikka Rishit Yadav Sidharth Dua Archish Gupta Bibliometric Review of Blended Finance and Partial Risk Guarantee: Establishing Needs and Advantages International Journal of Financial Studies bibliometric review blended finance borrower climate donor economic additionality |
| title | Bibliometric Review of Blended Finance and Partial Risk Guarantee: Establishing Needs and Advantages |
| title_full | Bibliometric Review of Blended Finance and Partial Risk Guarantee: Establishing Needs and Advantages |
| title_fullStr | Bibliometric Review of Blended Finance and Partial Risk Guarantee: Establishing Needs and Advantages |
| title_full_unstemmed | Bibliometric Review of Blended Finance and Partial Risk Guarantee: Establishing Needs and Advantages |
| title_short | Bibliometric Review of Blended Finance and Partial Risk Guarantee: Establishing Needs and Advantages |
| title_sort | bibliometric review of blended finance and partial risk guarantee establishing needs and advantages |
| topic | bibliometric review blended finance borrower climate donor economic additionality |
| url | https://www.mdpi.com/2227-7072/11/3/103 |
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