Convergence Blended Finance Inc.

$7,016,982.00 CAD

≈ 91 Canadians' average pay for a year
Department
Global Affairs Canada
Program
Recipient country
Canada
Fiscal year
2021-2022
Agreement period
June 25, 2021 – March 31, 2026
Reference
CA-3-P001361008

Published purpose

This project aims to increase the capital invested, particularly from non-traditional sources of development finance, to support projects in developing countries to address the financing gap of the Agenda 2030 for Sustainable Development Goals (SDGs). Project activities include: (1) connecting investors and investees on Convergence’s investment network platform; (2) providing donors, non-governmental organizations and private sector actors with blended finance market building tools; and (3) providing an incubator called the design funding facility to advance innovative blended finance and results-based finance solutions and attract additional funding for a significant impact on development.

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View official source record Imported July 30, 2026 from Global Affairs Canada IATI data