Convergence is the global network for blended finance. We generate blended finance data, intelligence, and deal flow to increase private sector investment in developing countries.

Our global membership includes public, private, and philanthropic investors as well as sponsors of transactions and funds. We offer this community a curated, online platform to connect with each other on blended finance transactions in progress, as well as exclusive access to tailored trainings and original knowledge products such as case studies and reports. To accelerate advances in the field, Convergence also provides grants for the design of vehicles that could attract private capital to global development at scale.

We exist because traditional development aid from public and philanthropic sources is just not enough to realize the United Nations Sustainable Development Goals (SDGs) which face an annual $2.5 trillion funding gap.

At Convergence we believe that blended finance can disrupt traditional development finance as we know it, by attracting private sector funds to developing countries in volumes never before seen. The money’s there, $2.5 trillion represents less than 1% of global finance markets.

By using catalytic capital from public or philanthropic sources to scale-up private sector investment in developing countries, blended finance has the potential to result in as much as a ten-fold increase in investment. In fact, based on our data, blended finance has already mobilized over $140 billion.

We’re going to bring this number into the trillions.