Nonprofit-Multi-Sector Partnerships Nonprofit organizations and foundations that are successful navigators and translators include Save the Children, The Nature Conservancy, Concern Worldwide, World Wildlife Fund, Conservation International, Plan, and CARE, among others. Many of these NPOs have annual budgets in the billions and they have used impact investing and partnerships with mainstream financial institutions, government, and corporations to advance systems wide social and environmental change. In addition, market-facing intermediaries like Calvert Impact, a global nonprofit investment firm, help all types of investors and financial professionals invest in solutions for people and planet. Calvert Impact has extensive experience working with local communities, particularly through community development finance institutions. Examples of these successful blended finance partnerships with nonprofit organizations include: n In 2024, The Nature Conservancy (TNC) and Standard Chartered Bank announces a partnership on a debt conversion project in the Bahamas to help with marine conservation. 58 Standard Chartered Bank underwrote a US$300 million loan to the government of the Bahamas, which is expected to generate US$124 million for marine conservation. Standard Chartered Bank is also committed to addressing nature-related challenges. It is a member of the Taskforce on Nature-related Financial Disclosures recommendations and is working to advance nature considerations in financial decision-making. The partners are TNC, the Inter-American Development Bank (IDB), and Builders Vision. Other financial partners also participated in the project. The funds will help the Bahamas manage its marine protected areas, develop a mangrove management plan, and create a marine spatial plan. The project will also help protect coral reefs, seagrass meadows, and mangrove forests. TNC mobilized the guarantee package for the transaction and will provide long-term conservation support to the government. n Vox Capital, Gordon and Betty Moore Foundation, TNC, United Nations Environment Program, Innovative Finance for the Amazon, Cerrado, and Chaco, are partnering to develop a US$230 million Fund Catalytic Capital for Transition Agriculture in Brazil. 59 Their work together will reshape a multi-billion-dollar agricultural industry to encourage more sustainable practices and end deforestation. It will enable traders, slaughterhouses and other supply chain companies to implement sustainable practices. The fund expects to have the following impact: Shift 521,297 hectares to sustainable agricultural practices; avoid conversion of forest of another 632,900 hectares; and reduce 244 million tons of CO 2 emissions from unsustainable agricultural practices. 181
Ten Years in the Making
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