Matrix partners with Chemonics as a supplier to deliver the UK Government’s £3 billion GDD Framework – Q1/24
Matrix partners with Chemonics as a supplier to deliver the UK Government’s Foreign Commonwealth and Development Office (FCDO) Global Development Delivery (GDD) £3 billion Framework.
Matrix is delighted to be chosen as a supplier for the FCDO’s GDD Framework. This Framework is serving as a vital resource for the FCDO and other UK government departments to obtain high-quality advice, expertise, and implementation services up to, and possibly beyond, 2025.
” Matrix is in a unique position to help unlock impactful projects while also helping investors diversify their investment portfolios and manage risks more effectively, in so doing accelerating the effective and sustainable deployment of capital resources globally. “
The GDD Framework operates globally and focuses on major climate change and foreign aid projects with official development assistance (ODA) covering regions such as sub-Saharan Africa, Eastern Europe & Central Asia, the Western Balkans, the Middle East & North Africa, South America, South Asia, and the British Overseas Territories. It offers UK government departments across the globe an efficient way to access world-class technical expertise and implementation capabilities.
Matrix has developed a number of innovative insurance tools that support global finance initiatives which in turn promote climate resilience and support the transition to a low-carbon economy.
Over the last 5 years, Matrix has actively participated in blended finance initiatives by providing ESG-focused risk management, access to financial resources, and expertise to investors and project stakeholders.
Matrix also has an active role to play in influencing policy change. As a participant in the global financial system, Matrix are active in our efforts in engaging with policymakers to advocate for improved regulatory frameworks that promote sustainable development.
Ensuring that Matrix’s focus is driven by strategies that align with environmental and social responsibilities means that Matrix is helping to shape the transition to a more equitable and sustainable future.
Scott Ingham, CEO of Matrix said:
“ By utilizing blended finance principles and ESG risk metrics, Matrix is in a unique position to help unlock impactful projects while also helping investors diversify their investment portfolios and manage risks more effectively, in so doing accelerating the effective and sustainable deployment of capital resources globally. “
Lisa Ruch, Chemonics UK’s Business Development Director, said:
“ Being selected as one of the prime suppliers on all seven High Value Lots of the Global Development Delivery Framework is a testament to Chemonics UK’s unwavering commitment to excellence in international development. This achievement not only solidifies our position as a trusted partner to the UK Government’s Foreign Commonwealth and Development Office, but also opens up a myriad of opportunities for impactful collaboration across diverse technical fields. We are thrilled to embark on this journey of collective impact with our esteemed partners, as we continue to drive positive change on a global scale. ”
Matrix are fully authorised and regulated by the Financial Conduct Authority.
