Nordic Investment Bank has approved the start of a 30-day public consultation on changes to its Sustainability Policy Exclusion List. The proposed revision permits NIB to finance conventional weapons and ammunition, while excluding producers of what it calls controversial weapons.This decision... More

CABEI has approved financing of $165 million to Honduras for the implementation of the Electricity Transmission Program, Phase I.The project is a nationwide initiative that seeks to strengthen the country's energy infrastructure to improve the quality of electricity service for more than two... More

GuarantCo has secured early repayment of its innovative guarantee for Technaf Solartech Energy Limited (TSEL), which initiated Bangladesh’s first utility-scale, grid-connected solar project in 2019. Due to the credit uplifts and smooth operational track record so far, a local bank -... More

The World Bank has approved $150 million for the Gabon Urban Development project to enhance access to climate-resilient urban infrastructure and public facilities, and to mitigate flood risks in selected secondary cities.The project employs a multi-sectoral approach, investing in transport... More

EBRD is investing up to $100 million equivalent in Turkish lira-denominated covered bonds to be issued by Turkey's Akbank, in an issuance that will mark the revival of covered bonds in the country.The proceeds will be used for on-lending to sub-borrowers implementing green economy investments,... More

Touax Group has received a €50 million green loan from EIB for the freight railcars part of its business. Touax Rail received the loan on 30 April, 2025 with a term of 14 years. This operation is backed by a guarantee under the European Union’s InvestEU programme, which, among other... More

Prieska Power Reserve has received formal approval of a funding grant from KfW and the Industrial Development Corporation.The project will produce more than 80,000 t/y of green ammonia by 2027, derived from over 14,000 tonnes of green hydrogen, with plans to scale production to over 500,000 t/y by... More

Homerun Resources has been selected to advance to the detailed work-plan phase of a major funding initiative by BNDES and FINEP. The company was chosen from 124 proposals as the only silica/silicon-focused company for the $815 million strategic minerals transformation program. This selection... More

ADB has approved a $109.97 million results-based loan to support the government of Gujarat in India in advancing its vision of becoming a global industrial hub through a stronger, more future-ready workforce. The Gujarat Skills Development Program, led by the state’s Labor, Skill... More

EIB has signed two deals totalling €235 million to support critical public infrastructure in southern Finland. The funding will significantly enhance healthcare services across southern Finland and education services in Vantaa.The first agreement, worth €135 million, will support the... More

AfDB has approved a financing package of up to $184.1 million to support the development of the Obelisk 1GW solar PV project and 200MWh battery energy storage system in Egypt. The project will be Africa’s largest solar power plant.The project’s total cost is estimated at more than $590... More

SA-H2 Fund, managed by Climate Fund Managers and Invest International, has committed up to $20 million in development funding to complete the final stage of the Hive Hydrogen Coega Green Ammonia Project – South Africa’s first large-scale green ammonia production facility.The development... More

Nunavut Nukkiksautiit Corp has reached financial close on Nunavut’s first wind and energy storage project in Sanikiluaq.The Anuriqjuak Nukkiksautiit Project (ANP) will deliver a 1MW wind turbine and a 1MWh energy storage system to the remote community, replacing up to 70% of Sanikiluaq’s... More

The World Bank has approved a $350 million financing package for the Greater Casablanca Mobility and Logistics Hub. The project aims to improve access to employment opportunities and essential services by increasing services for passenger railways in the Greater Casablanca area, considered the... More

The Trump administration will eliminate all USAID overseas positions worldwide by 30 September in a dramatic restructuring of remaining US foreign aid operations.In a state department cable obtained by the Guardian, secretary of state Marco Rubio ordered the abolishment of the agency’s entire... More

EBRD is providing a loan of up to €50 million to Serbia to support the country’s transition to cleaner heating solutions and the reduction of CO₂ emissions. This funding will enable the decommissioning of environmentally harmful boiler houses in six self-governing municipalities, as well... More

IDB Invest has agreed a total financing package of $37.2 million for Fundacion Montesquieu to develop the San Cristobal Green Academics and Sports Campus infrastructure project in San Cristobal, Mixco, Guatemala. The initiative aims to directly benefit more than 13,000 Guatemalan youth by... More

Carbon pricing revenues exceeded $100 billion in 2024, according to a new World Bank report. Over half of this revenue generated for public budgets was earmarked for environment, infrastructure, and development projects, representing a slight increase from previous years.The report —... More