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BII Targets $1.6 Billion for Climate Finance in South-East Asia
The capital will be used to support developing economies in South-East Asia, including Vietnam, Indonesia, the Philippines, Malaysia and Thailand, which rely on high-emitting fossil fuel power generation, to transit to a renewables-based future.
- Categories
- Environment, Investing
- Region
- South Asia
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EU and IFAD Launch EUR 14 Million ATHAZ Programme to Boost Climate-Resilient Horticulture in Zimbabwe and Southern Africa
The programme will support smallholder farmers improve water efficiency, adopt agroecological soltions and connect to stronger markets as part of a regional programme reaching 15,000 farming households.
- Categories
- Agriculture, Environment, Investing
- Region
- Sub-Saharan Africa
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BII and Swedfund Report Reveals over $200 Billion Funding Gap for Black-Owned and -Led Businesses Across Five African Markets
The report, Understanding the investment gaps in Black-owned and -led businesses in sub-Saharan Africa, combines quantitative market analysis with stakeholder consultations to examine where these businesses are represented, the scale of their funding gaps and the factors shaping access to capital.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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KawiSafi Ventures Invests in Orb Energy to Expand Commercial and Industrial Solar Across East Africa
Orb Energy provides rooftop and ground-mounted solar systems, solar plus battery storage and financing solutions for commercial and industrial customers.
- Categories
- Energy, Environment, Investing
- Region
- Sub-Saharan Africa
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Acumen Invests $5 Million in Sun King to Scale Pay-As-You-Go Solar Energy Access in Zambia
Acumen’s equity investment is aimed at catalyzing local currency debt and providing energy access to nearly 5.6 million people.
- Region
- Sub-Saharan Africa
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Dedicating $750 Million to Impact Investments
MacArthur is increasing the pool of capital dedicated to impact investments to extend the reach of our programs, advance our mission, and expand the flow of impact investments globally.
- Categories
- Education, Energy, Environment, Health Care, Investing
- Region
- Global
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Global Funding to Tackle Air Pollution Fails to Reach Hardest-Hit Countries
New research from Clean Air Fund shows that the most polluted places in the world are missing out on vital funding to tackle air pollution.
- Categories
- Environment, Investing
- Region
- Global
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Is the World Bank to Blame for the Cambodian Microfinance Crisis?
For the past five years, Cambodia’s microfinance sector has been experiencing a major over-indebtedness crisis. And as inclusive finance consultant Daniel Rozas explains, despite multiple warnings that the sector was overheating, IFC, the World Bank’s private investment arm, poured fuel on the flames by investing in the largest and fastest-growing of the country's leading microfinance institutions. Making matters worse, after an investigation by IFC’s own ombudsman concluded that clients had been harmed due to its failure to monitor the social risks created by its investments, its board dismissed those findings. He explores how the industry went off the rails in Cambodia, and argues that IFC not only worsened the crisis, it helped undermine the sector’s own efforts to avert it.
