Convergence Blended Finance Inc.

$7,000,058.00 CAD

≈ 89 Canadians' average pay for a year
Department
Global Affairs Canada
Program
—
Recipient country
Canada
Fiscal year
2025-2026
Agreement period
March 20, 2026 – September 30, 2030
Project status
Implementation
Reference
CA-3-P017133001

Published purpose

This project aims to support Convergence to strengthen and scale the global blended finance ecosystem for increased mobilized private capital towards sustainable development and poverty reduction in emerging markets and developing economies. It does so through supporting enhanced data transparency and benchmarking activities, expanding capacity building activities, ensuring regional representation, and strengthening policy engagement and thought leadership on blended finance. In turn, these activities contribute to a more enabling environment for private investments in emerging economies by lowering barriers to entry, more standardized approaches across actors, and increase the supply of high-quality, investible opportunities.

In plain English AI-generated

This project supports Convergence Blended Finance Inc. in strengthening the global blended finance ecosystem to mobilize private capital for sustainable development and poverty reduction in emerging markets and developing economies, including through data transparency, capacity building, and policy engagement.

Category: Foreign Aid Development Primarily funds activity outside Canada

Based on the published description. See how AI categorization works — the linked official record is authoritative.

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View official source record Imported August 3, 2026 from Global Affairs Canada IATI data