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BUILD Act passage signals new era for U.S. development finance
Using blended finance, the Federal government will look to attract impact investors and other private capital to projects that advance development and diplomatic goals.
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- Investing
- Region
- North America
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Press release: State of Blended Finance report 2018 reveals growth of blended finance market
“In two years since Convergence has launched, we have seen blended finance enter the mainstream, leaving a mark on not just major meetings and conferences around the world but in international development policy and strategies,” says Joan Larrea, CEO at Convergence. “This report breaks through the noise to give practitioners a clear sense of the current trends and best practices, so they can steer the right blend of capital into transactions that address the SDGs.”
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- Investing
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No savior: Can blended finance work for WASH?
While many say there is new momentum building around innovative financing streams, discussions at the recent Stockholm World Water Week conference made clear that more focus is needed on building up the “demand-side,” rather than solely on developing what one delegate described as “sexy” financial instruments.
- Categories
- WASH
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Press release: Convergence Design Funding generates USD 116M of blended finance investments for global development
Convergence's grant program, Design Funding, is establishing itself as the nerve centre for the next generation of blended finance structures. Since 2016, blended finance vehicles supported by Convergence have raised about USD 116M of investments from public, philanthropic, and private investors.
- Categories
- Investing
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‘Blended’ finance is key to achieving global sustainability goals, says report
In a report to be presented on Wednesday at the World Economic Forum in Davos, the Business and Sustainable Development Commission found that private sector investors could take advantage of blended finance to gain access to rapidly growing markets in the developing world.
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