Writing / 2026
Ten years of ‘we have all the money in the world’.
Why the blended-finance decade underdelivered, and why the answer may be a monetary layer.
This is a launch placeholder for the working essay. The final version will be written in Fraser’s voice and cross-link to the relevant archive document.
The point of publishing the note is not to present a finished product. It is to make the design question concrete enough that practitioners, funders and technical builders can challenge it.
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