Convergence Blended Finance Inc.
$10,000,000.00 CAD
- Department
- Global Affairs Canada
- Recipient country
- Canada
- Fiscal year
- 2024-2025
- Agreement period
- March 5, 2025 – March 7, 2033
- Reference
- dfatd-maecd:064-2024-2025-Q4-A0054
Published purpose
This project helps underserved communities in developing countries build financial stability by supporting new financial tools ultimately mobilize both public and private capital to bridge the financing gap for the Sustainable Development Goals. To achieve this objective, the project provides design funding grants in addition to knowledge, tools, resources and training on blended finance to fund and asset managers. This seeks to enable them to design and launch impact-focused and gender-inclusive solutions targeted towards underserved markets in emerging and developing countries.
In plain English AI-generated
This project supports underserved communities in developing countries by funding new financial tools that mobilize public and private capital to bridge the Sustainable Development Goals financing gap, including design grants and training for fund and asset managers.
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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