Design Funding

Convergence offers feasibility study and proof of concept grant funding for practitioners to design catalytic blended finance vehicles that aim to attract private capital to global development at scale. Through these grants, Convergence also aims to foster market-wide learning.

CURRENT FUNDING OPPORTUNITIES

OPEN WINDOW

Under the Open Window, practitioners can apply for funding to design any blended finance vehicle that addresses a specific development challenge and meets the Open Window eligibility criteria and mission of Convergence.

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LATEST GRANTEES

Design of Blue Bond to finance debt conversions for conservation in Small Island Developing States
The Nature Conservancy

Design of Blue Bond to finance debt conversions for conservation in Small Island Developing States

Design of financing facility for renewable energy and smallholder livelihood projects in Indonesia
ADM Capital and ADM Capital Foundation

Design of financing facility for renewable energy and smallholder livelihood projects in Indonesia

Design of a development impact bond to fund employment interventions for Syrian refugees in host countries
Kois Invest

Design of a development impact bond to fund employment interventions for Syrian refugees in host countries

Design of a financing facility to increase lending to smallholder farmers in the Ghanaian cocoa sector
Rainforest Alliance

Design of a financing facility to increase lending to smallholder farmers in the Ghanaian cocoa sector