2022 Lab Proponent CrossBoundary was announced as one of the seven winners of the SDG Impact Finance Initiative. With support from Convergence, the global network for blended finance, and the expert insights of its Investment Committee, the intiative has awarded a combined USD 1.5 million.
CrossBoundary has received a feasibility grant to develop a USD 57 million blended debt fund to finance projects in afforestation, reforestation and revegetation (ARR) and reducing emissions from deforestation and forest degradation (REDD+) projects, starting in sub-Saharan Africa.