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Three Things to Know About Rwanda’s €200 Million Deal with JPMorgan Chase
Rwanda mobilised the funding under a new form of long-term commercial loan that is provided by JPMorgan Chase Bank and partly guaranteed by the African Development Fund (ADF).
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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Viewpoint: Despite Tech Breakthroughs, Carbon Removal Still Won’t Save the Planet
Carbon removal tech breakthroughs don’t fundamentally make them a more feasible hedge against slow emissions reductions.
- Categories
- Energy, Environment, Technology
- Region
- Sub-Saharan Africa
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African Development Bank Provides Malawi with $22 Million to Combat Climate Vulnerability
This grant, awarded via its African Development Fund (ADF), will be invested in agriculture.
- Categories
- Agriculture, Environment
- Region
- Sub-Saharan Africa
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Reversing Climate Change is Possible — But First, We Need to Democratise Climate Finance
Much of the current conversation around climate change focuses on the obstacles that make the problem so difficult to solve. But according to Kevin Kyer at Pyrpose, there are signs of hope, as a growing, global sense of urgency around the issue is driving consumers to embrace sustainable products and behaviors. He explores how emerging technologies and businesses are helping to reduce Co2 emissions — and how platforms like Pyrpose can help mobilize climate-conscious investors to direct climate finance to the most vulnerable parts of the world.
- Categories
- Environment, Investing
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Analysis: The White House Is Fueling the Carbon Offset Market Without Fixing It
The White House issued a full-throated endorsement of carbon offset credits on Tuesday, laying out guidelines that are meant to calm anxieties about “greenwashing” and encourage companies to invest more heavily in a controversial climate solution.
- Categories
- Environment, Investing
- Region
- Global
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Viewpoint: The End of Greenwashing Is Now Within Sight
For markets to work well, they must be transparent, trusted and standardized — three qualities that have largely eluded the market for carbon credits. But change is coming.
- Categories
- Environment, Investing
- Region
- Global
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South Africa in Talks With Climate Backers Over Delaying Coal Plant Closures
Keeping the lights in a struggling economy while shutting down some old coal-fired plants supplying most of South Africa’s electricity needs has proven a tough task.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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AFC to Raise Almost $1 Billion for Africa Infrastructure Plans
Africa Finance Corp. is looking to raise almost $1 billion in the first half of 2024 to support industries and resilience against climate change as it readies for the next growth phase across the continent.
- Categories
- Environment, Finance
- Region
- Sub-Saharan Africa