{"id":331,"date":"2019-12-01T19:44:00","date_gmt":"2019-12-01T19:44:00","guid":{"rendered":"https:\/\/www.theimpactprogramme.org.uk\/?post_type=portfolio&#038;p=331"},"modified":"2022-08-30T15:44:43","modified_gmt":"2022-08-30T14:44:43","slug":"convergence","status":"publish","type":"portfolio","link":"https:\/\/www.theimpactprogramme.org.uk\/portfolio\/convergence\/","title":{"rendered":"Convergence"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Context<\/h2>\n\n\n\n<p>\u2018Blended finance\u2019 is the strategic use of development finance for the mobilisation of additional finance towards sustainable development in developing countries (OECD). If used effectively it has the potential to significantly narrow the gap in financing the Sustainable Development Goals (SDGs) yet two systemic challenges are impeding progress: (i) a low level of mobilisation of private sector investment at scale and (ii) insufficient development of public market investment assets and mobilisation of institutional investors.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Scope of work<\/h2>\n\n\n\n<p>With funding from the IMPACT Programme, Convergence is pursuing development impact and private sector investment mobilisation at scale through blended finance by:<\/p>\n\n\n\n<ul><li>Developing a Working Group of development-focused organisations to collaborate on scale solutions<\/li><li>Creating a blended finance knowledge platform and knowledge documents focused on scale for the Working Group<\/li><li>Identifying a suite of blended finance vehicles that can achieve scale<\/li><li>Convening the Working Group to consider investing in the blended finance vehicles.<\/li><\/ul>\n\n\n\n<p>The Blended Finance Working Group has been designed to accelerate the uptake of blended finance among major donors (bilateral, multilateral, and Foundations) in order to increase the amount of capital flowing towards investments that contribute to the SDGs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Context \u2018Blended finance\u2019 is the strategic use of development finance for the mobilisation of additional finance towards sustainable development in developing countries (OECD). If used effectively it has the potential to significantly narrow the gap in financing the Sustainable Development Goals (SDGs) yet two systemic challenges are impeding progress: (i) a low level of mobilisation [&#8230;]<\/p>\n<p><a class=\"btn btn-link understrap-read-more-link\" href=\"https:\/\/www.theimpactprogramme.org.uk\/portfolio\/convergence\/\">Read More<\/a><\/p>\n","protected":false},"featured_media":657,"menu_order":0,"template":"","theme_taxonomy":[23,14,13],"geography":[26,25,24],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Convergence - The IMPACT Programme<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.theimpactprogramme.org.uk\/portfolio\/convergence\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Convergence - The IMPACT Programme\" \/>\n<meta property=\"og:description\" content=\"Context \u2018Blended finance\u2019 is the strategic use of development finance for the mobilisation of additional finance towards sustainable development in developing countries (OECD). If used effectively it has the potential to significantly narrow the gap in financing the Sustainable Development Goals (SDGs) yet two systemic challenges are impeding progress: (i) a low level of mobilisation [...]Read More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.theimpactprogramme.org.uk\/portfolio\/convergence\/\" \/>\n<meta property=\"og:site_name\" content=\"The IMPACT Programme\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-30T14:44:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.theimpactprogramme.org.uk\/wp-content\/uploads\/2020\/08\/Convergence_logo_official.png\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.theimpactprogramme.org.uk\/portfolio\/convergence\/\",\"url\":\"https:\/\/www.theimpactprogramme.org.uk\/portfolio\/convergence\/\",\"name\":\"Convergence - The IMPACT Programme\",\"isPartOf\":{\"@id\":\"https:\/\/www.theimpactprogramme.org.uk\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.theimpactprogramme.org.uk\/portfolio\/convergence\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.theimpactprogramme.org.uk\/portfolio\/convergence\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.theimpactprogramme.org.uk\/wp-content\/uploads\/2020\/08\/Convergence_logo_official.png\",\"datePublished\":\"2019-12-01T19:44:00+00:00\",\"dateModified\":\"2022-08-30T14:44:43+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.theimpactprogramme.org.uk\/portfolio\/convergence\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.theimpactprogramme.org.uk\/portfolio\/convergence\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.theimpactprogramme.org.uk\/portfolio\/convergence\/#primaryimage\",\"url\":\"https:\/\/www.theimpactprogramme.org.uk\/wp-content\/uploads\/2020\/08\/Convergence_logo_official.png\",\"contentUrl\":\"https:\/\/www.theimpactprogramme.org.uk\/wp-content\/uploads\/2020\/08\/Convergence_logo_official.png\",\"width\":800,\"height\":800},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.theimpactprogramme.org.uk\/portfolio\/convergence\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.theimpactprogramme.org.uk\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Portfolio\",\"item\":\"https:\/\/www.theimpactprogramme.org.uk\/portfolio\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Convergence\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.theimpactprogramme.org.uk\/#website\",\"url\":\"https:\/\/www.theimpactprogramme.org.uk\/\",\"name\":\"The IMPACT Programme\",\"description\":\"Transforming the market for impact investment\",\"publisher\":{\"@id\":\"https:\/\/www.theimpactprogramme.org.uk\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.theimpactprogramme.org.uk\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.theimpactprogramme.org.uk\/#organization\",\"name\":\"The IMPACT Programme\",\"url\":\"https:\/\/www.theimpactprogramme.org.uk\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.theimpactprogramme.org.uk\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.theimpactprogramme.org.uk\/wp-content\/uploads\/2020\/07\/logo.png\",\"contentUrl\":\"https:\/\/www.theimpactprogramme.org.uk\/wp-content\/uploads\/2020\/07\/logo.png\",\"width\":342,\"height\":118,\"caption\":\"The IMPACT Programme\"},\"image\":{\"@id\":\"https:\/\/www.theimpactprogramme.org.uk\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Convergence - The IMPACT Programme","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.theimpactprogramme.org.uk\/portfolio\/convergence\/","og_locale":"en_GB","og_type":"article","og_title":"Convergence - The IMPACT Programme","og_description":"Context \u2018Blended finance\u2019 is the strategic use of development finance for the mobilisation of additional finance towards sustainable development in developing countries (OECD). 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