Compact: Large-scale, country-led grants to eligible low- and lower-middle-income countries to reduce poverty
organisation
An organisation based in United States
In context
This call is open to local authorities, non-profits and social enterprises, at scale-up and mature. Coverage is read from the notice itself: Global-South, Africa and South-Asia and 2 others.
Compacts are large-scale, multi-year country grants to low- and lower-middle-income countries designed to reduce poverty through economic growth in infrastructure, agriculture, education, transport, and energy sectors. Eligible countries lead the design and implementation of these agreements.
About this grant
Compacts provide large-scale, multi-year grants to eligible low- and lower-middle-income countries, designed to reduce poverty through economic growth. Eligible countries lead the design and implementation of these agreements, which typically focus on infrastructure, agriculture, education, transport, energy and water sectors. Local authorities, nonprofits and social enterprises in eligible countries may participate. Countries must meet the funder's criteria for low- or lower-middle-income status. Projects should be at a mature, scaling stage rather than early development. The funding combines grants with blended finance structures to maximise impact on poverty reduction and sustainable economic development.
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Frequently asked questions
- Who can apply for Compact: Large-scale, country-led grants to eligible low- and lower-middle-income countries to reduce poverty?
- Eligibility covers organisations in GLOBAL-SOUTH, AFRICA, SOUTH-ASIA, SE-ASIA, LATAM; local-authority, nonprofit, social-enterprise. The full eligibility conditions are part of the Pro detail.
Relevant sectors
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