New funding aims to catalyze innovative climate finance tools

Climate finance needs to attract more private capital in more ways in order to meet global goals. Convergence, a platform that works to help catalyze blended capital deals, issued two grants last week to organizations working to design new products.

About the author

  • Adva Saldinger

    Adva Saldinger is an Associate Editor at Devex, where she covers the intersection of business and international development, as well as U.S. foreign aid policy. From partnerships to trade and social entrepreneurship to impact investing, Adva explores the role the private sector and private capital play in development. A journalist with more than 10 years of experience, she has worked at several newspapers in the U.S. and lived in both Ghana and South Africa.