EDB to invest $1.2bn in its members in 2021
The Eurasian Development Bank plans to invest $1.2 billion in its members’ economies this year, mainly in Russia and Kazakhstan, and eyes borrowing around $1...
The Eurasian Development Bank plans to invest $1.2 billion in its members’ economies this year, mainly in Russia and Kazakhstan, and eyes borrowing around $1...
Four partners have collectively pledged $665 million toward a platform managed by the Asian Development Bank that aims to mobilize an additional $7 billion for low-carbon...
The UK's CDC has helped launch a plan to develop investment strategies designed to scale and transform the sustainable forestry sector in sub-Saharan Africa. The new...
The Inter-American Development Bank and the governments of Germany and the Netherlands have announced a new partnership to promote sustainable landscapes and forest...
Multilateral development banks, led by the Inter-American Development Bank, have pledged to mainstream nature across their policies and to significantly boost nature...
The International Finance Corporation and Europe's largest asset manager Amundi are to establish a new fund to mobilize up to $2 billion in private investment into...
South African President Cyril Ramaphosa, alongside the governments of France, Germany, the United Kingdom and the United States, as well as the European Union, unveiled a...
Prime Minister Boris Johnson chaired an event with India’s PM Modi to launch the Infrastructure for Resilient Island States facility, a joint initiative with the...
The Asian Development Bank and Zhujiang Financial Leasing Company Limited (ZFL) have signed a $40 million loan equivalent to CNY258 million to expand the company’s...
The UK government, The EU, Italy’s CDP, and the Green Climate Fund all pledged funds for the ADB’s new Green Recovery Platform.
The 110 signatories of the agreement – which includes $7.2bn of pledges from the private sector – cover a combined 85% of the world’s forests.
Governments, investors, businesses, civil society, and philanthropists are to make unprecedented commitments to tackle deforestation, leading to shifts in private...
Nearly all internationally available development financing is now committed to reducing or ending investment in coal-fired power after moves by China and the G20 to stop...
The Inter-American Development Bank has revealed that its loans and projects will be fully aligned with the Paris Climate Agreement by 2023. Alignment requires the IADB...
The Australian government has announced plans to increase its international climate finance commitment to A$2 billion (about $1.49 billion) over the next five years, to...
The African Development Bank has approved Morocco’s loan request of more than €114 million for the Support Program for the Inclusive and Sustainable...
The World Bank has appointed Marjorie Mpundu as its new Country Manager for Zimbabwe. She joined the bank in 2005 as a legal associate in the Legal Vice Presidency. She...
The package includes commitments to provide guarantees for climate-related projects in Africa and India, and new green funds for UK development financiers CDC Group and...
The World Bank has approved a $150 million credit to support climate resilience projects in all rural constituencies in Kenya. The funding from the International...
The African Development Bank has approved a $57.67 million loan to Eskom Holdings, South Africa’s public electricity utility, to harness battery storage technology...