Convergence Blended Finance Inc.

$10,000,000.00 CAD

≈ $0.24 for every person in Canada ≈ 129 Canadians' average pay for a year
Department
Global Affairs Canada
Program
Recipient country
Canada
Fiscal year
2024-2025
Agreement period
March 7, 2025 – December 7, 2032
Reference
CA-3-P014972001

Published purpose

This project aims to help people in underserved communities in developing countries become more financially secure. It does this by supporting the creation of new financial solutions that attract both government and private investment to help meet the Sustainable Development Goals. The project seeks to help both established and emerging fund managers to create financial solutions that support gender equality, reduce poverty and inequality, and mobilize more private investment in developing countries. Project activities include: (1) providing grants to help design and structure funds so they are easily investible; (2) providing training, resources and tools on standard blended finance structures and impact objectives; and (3) providing mentorship and networking support to help bring the funds to investment and launch phase.

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