Convergence has awarded a Design Funding grant to Clarmondial

Toronto – Convergence has awarded a Design Funding grant to Clarmondial AG to structure and launch the Food Securities Fund, a fund addresses credit gap while encouraging responsible agricultural practices in developing countries.

Convergence Design Funding grants support the design of catalytic blended finance vehicles that attract private capital to global development. At the same time, lessons learned from grantees inspire market-wide learning. This initial funding is provided by the Government of Canada.

You can find more information here.

Clarmondial