Convergence Blended Finance Inc.

$159,610.00 CAD

≈ 2 Canadians' average pay for a year
Department
Global Affairs Canada
Program
Recipient country
Canada
Fiscal year
2022-2023
Agreement period
September 21, 2022 – April 14, 2026
Reference
CA-3-P012013001

Published purpose

The purpose of this initiative is to increase the effectiveness and use of blended finance in official development assistance by key stakeholders such as donors, philanthropic organizations and investors. The main deliverable is a report that gathers, analyzes and recommends practices in blended finance. Blended finance is a way of financing development projects that uses public or philanthropic funds to mobilize private capital for the benefits of developing countries. This research contributes to efforts to highlight private business as a major driver of inclusive economic growth.

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