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African Development Bank Group Approves $22.8 Million Grant to Boost Mozambique’s Rice Production and Build Climate Resilience
The grant will fund the Rice Value Chain and Climate Resilience Project, which seeks to increase Mozambique’s rice self-sufficiency.
- Categories
- Environment
- Region
- Sub-Saharan Africa
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Amazon, Meta Join Forces With RMI to Launch Sustainable Concrete Buyers Alliance
The collective purchasing group will aggregate corporate demand for low-carbon concrete, driving greater investment in clean technologies and operations.
- Categories
- Environment
- Region
- Global
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Beyond Shock, Money or Mandate: Why African Banks Aren’t Taking Bold Climate Action — And What it Will Take to Move Forward
Africa is one of the most climate-vulnerable regions in the world. Yet though climate finance has emerged as a growing solution, African banks have yet to truly ramp up their climate lending. As Carla Legros and Anthony Mbithi argue, one reason for this lack of urgency is that the financial case for this lending has rarely been framed in ways that resonate with how banks operate — namely, as a clear money-making opportunity in the near to medium term. They share a framework for understanding financial institutions' level of engagement in climate finance, providing funders and policymakers with a tool they can use to match their interventions to banks’ institutional reality.
- Categories
- Environment, Finance, Investing
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KawiSafi Announces $90 Million in Approved Capital to Accelerate Climate Solutions Across Africa
With backing from the African Development Bank, the Green Climate Fund, the Schmidt Family Foundation, and the Quadrature Climate Foundation, Acumen’s second KawiSafi fund marks the next chapter for the climate-resilient growth platform developed by Acumen.
- Categories
- Energy, Environment, Investing
- Region
- Sub-Saharan Africa
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Aligning Capital with Justice: How Innovative Finance Can Enable the Final Stretch Toward Energy Access in Africa
The world has made unprecedented progress toward universal energy access, and today over 90% of the global population has electricity. But as Roeland Menger at Nithio explains, the remaining 10% live in rural and low-income communities — primarily in Africa — that typical business and funding models can't reach. He argues that the exclusion of these markets is not only ineffective but unjust, and highlights several innovative investment approaches that are expanding decentralized energy to the last mile.
- Categories
- Energy, Environment, Investing
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Brazil’s Market-Based Forest Fund Gets New Endorsers Ahead of COP30 Debut
The Tropical Forest Finance Facility (TFFF) initiative is expected to be launched at Brazil’s COP30, in November, and has received attention due to potential financial support from China.
- Categories
- Environment
- Region
- Latin America
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A New Green Revolution in Indian Agriculture: How Satellite Remote Sensing is Quietly Transforming the Sector
Satellite remote sensing involves the use of satellite-based sensors to capture data about the earth’s surface. According to Sat Kumar Tomer at Satyukt Analytics, this technology is increasingly being used by Indian farmers and the businesses and organizations that serve them, generating data on vegetation health, soil moisture, irrigation patterns and other key drivers of agricultural productivity. He explores how satellite remote sensing is enabling a data-driven revolution in Indian agriculture, and how the sector can overcome barriers to wider adoption.
- Categories
- Agriculture, Environment, Finance, Technology
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AGIA-PD Fund Secures $118 Million in First Close to Drive Climate-Resilient Infrastructure in Africa
The Alliance for Green Infrastructure in Africa’s Project Development Fund has successfully achieved a first close of $118 million.
- Categories
- Energy, Environment, Investing
- Tags
- infrastructure
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