Convergence is a global network specialising in blended finance, facilitating collaboration between public, private, and philanthropic investors to fund sustainable development projects. Its mission is to drive capital towards impactful solutions that align with the United Nations’ Sustainable Development Goals (SDGs). By blending concessional and commercial funding, Convergence seeks to mitigate risk and attract private investment into sectors traditionally viewed as too high-risk or underfunded.
The organisation provides a comprehensive set of resources, including market research, case studies, and data-driven insights on blended finance structures. It maintains a robust library of reports, tools, and databases that are geared towards advancing knowledge in the field of sustainable finance. This includes insights on how public and private sector actors can collaborate to finance projects related to climate action, infrastructure, and social development.
Convergence’s structure is focused on building a platform that connects a diverse range of stakeholders, including governments, financial institutions, and development agencies. This allows them to foster cross-sector partnerships that are critical in mobilising capital for sustainable initiatives. The organisation also runs a Design Funding programme, which provides grants to early-stage blended finance vehicles, helping to test and scale innovative financing models.
In the context of sustainable finance, Convergence plays a key role by bridging financing gaps and providing valuable market intelligence. Its resources help investors understand how to design and implement blended finance transactions that can achieve both financial returns and social or environmental outcomes.
We exist to increase private investment in emerging markets and developing economies to advance the UN Sustainable Development Goals (SDGs) and Paris Agreement.