The Australian Government has launched a landmark new initiative supporting non-government organisations (NGOs) working on transformative development projects across our region.
The Indo-Pacific NGO Blended Finance Accelerator will help NGOs pioneer new approaches to financing sustainable development in our region.
The $10 million Accelerator will increase the scale and impact of initiatives that promote gender equality and climate resilience, with a particular focus on the Pacific.
In recent years, NGOs have led the way in establishing development impact bonds, advancing climate and carbon credit projects, strengthening microfinance, and raising funds for impact investments. But they often face unique barriers preventing them from scaling these innovative solutions.
This initiative provides vital support to strengthen the role of NGOs in blended finance transactions, enabling them to design, pilot and scale innovative projects-as impact managers, technical assistance providers and, where suitable, fund managers.
By providing direct financial support, the Accelerator will help NGOs overcome the structural barriers they face and expand their impact.
