Key ingredient in the blended-finance blend: revenues

  • "To put it bluntly, if you want investors, you have to present a revenue line," says Convergence's Joan Larrea.

Indispensable element in many impact investments: ‘catalytic capital’

  • The John D. and Catherine T. MacArthur Foundation is committing to invest $150 million in matching funds for investment managers and other intermediaries that can demonstrate the power of catalytic capital.
  • The first $30 million investment, matched by $30 million from the Rockefeller Foundation, will seed investments in Rockefeller’s “Zero Gap” portfolio of innovative financial structures aimed at meeting the Sustainable Development Goals.