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05 December 2023
in
Climate finance

GuarantCo, StanChart pen Vietnam climate action MoU

GuarantCo and Standard Chartered have signed an MoU during COP28 to develop a climate-focused deal framework that aims to increase funding opportunities in Vietnam and...

05 December 2023
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Social projects

IDB Invest boosts women-owned enterprises in Brazil

IDB Invest provided Sicredi a $30 million loan with a seven-year tenor to support the growth of its women-owned micro, small and medium-sized enterprises (WMSMEs)...

04 December 2023

FlagshipONE secures support from EU-Catalyst Partnership

Orsted has secured support from the EU-Catalyst Partnership for its FlagshipONE project, Europe’s largest e-methanol plant.EU-Catalyst Partnership consists of...

04 December 2023
in
Social infrastructure

Dakar BRT secures funding

The Emerging Africa Infrastructure Fund (EAIF) has committed €46 million ($50 million) to launch Africa’s first electric public bus network in Senegal’s...

04 December 2023
in
Waste and water

EIB issues €100m more to tackle water scarcity in Jordan

The EIB has announced an additional €100 million of new investment for construction of the Aqaba Amman Desalination and Water Conveyance project. The scheme will...

04 December 2023
in
Renewable energy

EBRD, EU announce new guarantee support of up to €1bn for green investments

The EBRD and EU have announced new guarantee support of up to €1 billion for green investments. The new funding will boost lending to projects across various...

04 December 2023
in
Renewable energy

Barbados partners with IFC on Lamberts wind farm

IFC signed an agreement with the government of Barbados that will harness private sector capital and expertise to develop the country's first utility-scale onshore...

04 December 2023
in
Social projects

IsDB agrees $100m funding for Pakistan polio vaccine

The Islamic Development Bank, together with the government of Pakistan, has announced a $100 million loan to support Pakistan’s polio eradication efforts.This loan...

04 December 2023

ECAs launch net-zero alliance at COP28

Eight ECAs have used COP28 to launch the UN-convened Net-Zero Export Credit Agencies Alliance in a bid to decarbonise global trade and facilitate joint action from public...

04 December 2023

SACE unveils ESG strategy at COP28

SACE has revealed its new ESG strategy at COP28, aligning its business model with the UN Sustainable Development Goals. The strategy integrates ESG criteria into...

04 December 2023
in
Social infrastructure

Costa Rica launches PPP Facility for sustainable infrastructure projects

The Government of Costa Rica has announced the establishment of a PPP Project Preparation Facility (PPF) to mobilize public and private resources for sustainable...

04 December 2023
in
Climate finance

Blue Mediterranean Partnership advances sustainable blue economy at COP28

During COP28, supporters and donors involved in the Blue Mediterranean Partnership underscored their commitment to fostering the sustainable blue economy in the southern...

04 December 2023
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Finance and other

ADB approves $350m to support fiscal governance in Kazakhstan

The ADB has granted approval for a $350 million policy-based loan designed to bolster Kazakhstan’s fiscal governance and implement financial sector reforms. The...

04 December 2023
in
Renewable energy

MIGA backs Nuru’s solar hybrid mini-grid projects in DRC

MIGA has issued a guarantee of $50.3 million to CES AC1 of Mauritius, a wholly owned subsidiary of Congo Energy Solutions Limited (CESL), to cover its equity and...

04 December 2023
in
Climate finance

Over $175m pledged for AGIA during COP28

African and global institutions, along with the governments of Germany, France, and Japan, and philanthropic organizations, have pledged over $175 million to the Alliance...

04 December 2023
in
Traditional energy

Enel Colombia receives $300m IFC financing

IFC has agreed a loan of $300 million to Enel Colombia to promote energy distribution projects in Bogota and Cundinamarca that contribute to sustainability and climate...

04 December 2023
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Finance and other

Green investments partnership plan for developing Asia

ACP, IFC, the MAS, and Temasek will establish a green investments partnership aimed at addressing climate finance gaps in Asia, initially focusing on Southeast...

04 December 2023
in
Renewable energy

Brookfield unveils emerging markets transition fund

Brookfield Asset Management and ALTERRA have used Cop28 to launch a multi-billion dollar Catalytic Transition Fund. ALTERRA also committed to investing $2 billion from...

04 December 2023
in
Climate finance, Social infrastructure

ADB supports secondary education and climate resilience in Solomon Islands

The ADB has given the green light to a financial package amounting to $45.7 million to bolster senior secondary education, promote climate resilience, and tackle gender...

04 December 2023
in
Traditional energy

ADB finances power system enhancement in Uttarakhand

The ADB has approved a $200 million loan to improve the quality, efficiency, and reliability of power supply in Uttarakhand, India.The project will modernize Dehradun...