News and stories

News and stories

Blended finance – philanthropy’s next frontier?

Blended Finance and Investor Engagement Unit, DFAT Fri, 11 Oct 2024

Two workshops on blended finance hosted by Convergence and supported by the Foundations Group for Impact Investing (FGII) and the Department of Foreign Affairs and Trade (DFAT) were held last week. Convergence is the global network for blended finance that aims to increase private investment in emerging markets and developing economies to advance the UN Sustainable Development Goals (SDGs) and the Paris Agreement. CEO Joan Larrea was the special guest speaker at the events. Here, DFAT’s Steph van Loon reflects on the key insights.

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