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ADB Approves $400 Million Loan to Upgrade Road Connectivity in Maharashtra, India
The Maharashtra Roads Connectivity for Inclusive Growth Program will improve all-weather road connectivity in 34 districts, particularly in the climate-vulnerable and economically lagging Marathwada and Vidarbha regions.
- Categories
- Investing, Transportation
- Region
- Asia Pacific
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End of Fossil Fuel Era Inches Closer as COP30 Deal Agreed After Bitter Standoff
Wealthy countries should triple funds for countries to tackle climate impacts, but deforestation and critical minerals blocked from final deal.
- Categories
- Energy, Environment, Investing, Technology
- Region
- Global
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Financing Off-Grid Solar: A Pioneering Provider in Honduras Shows the Impact of Diversified Funding
Honduras is one of the poorest countries in Latin America and the Caribbean, and many of its most remote regions remain unserved by the electricity grid. Richenda Van Leeuwen at Hummingbird Green Solutions and Richard Stuebi and Jesse Colman at Boston University explore how Soluz Honduras is bringing freezers and other solar products to these markets by leveraging a variety of different financing models — an approach that shows how diversified funding can enable businesses to serve even the hardest-to-reach areas and the poorest of customers.
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Dangote Extends Continental Dominance, Seals $1 Billion Investment Push in Zimbabwe
Africa’s richest man, Aliko Dangote, visited Harare, Zimbabwe, on Wednesday to formalize plans to invest up to $1 billion in the country, targeting major projects in cement manufacturing, power generation, and fuel transportation infrastructure.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Tripling the Adaptation Finance Goal Is Possible — Here’s What It Takes
We explore here whether a tripling of the adaptation finance goal would be possible — and find that it could be by 2035, the target year for the $300 billion NCQG.
- Categories
- Energy, Environment, Investing
- Region
- Global
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Africa Needs Jobs — the Agri-Food Industry Can Provide Them: How the Sector Can Boost its Impact on Employment Across the Continent
Sub-Saharan Africa’s working-age population is projected to increase by more than 20 million per year until 2050. Yet according to Loïc De Cannière at Incofin Investment Management, the region created "only" 9 million jobs per year on average during the first two decades of this century. He argues that if job growth can't keep pace with this growing demographic, unemployment will likely lead to more poverty, societal unrest and migratory pressures. The solution, he explains, is to support the industries with the biggest potential for job creation, starting with the agri-food sector.
- Categories
- Agriculture, Investing
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Press Release: More Coastal and Island Countries Include Ocean Action in Climate Plans – But Biggest Climate Opportunities Still Untapped, WRI Report Warns
"The report comes as six countries join the Blue NDC Challenge at COP30 to accelerate ocean action in national climate commitments – including Belgium, Cambodia, Canada, Indonesia, Portugal and Singapore."
- Categories
- Energy, Environment, Investing
- Region
- Global
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Nepal Receives $9.4 Million for Forest Carbon Cuts Under World Bank’s FCPF Program
"This marks Nepal's first-ever payment under the Emission Reductions Payment Agreement (ERPA), a milestone in the country's efforts to curb deforestation, strengthen forest governance, and promote community-led sustainable forest management."
- Categories
- Environment, Investing
- Region
- Asia Pacific
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