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IFC Commits USD $6 Million to Catalyst Fund’s USD $40 Million Africa Climate Tech Vehicle
The fund, managed by Catalyst Impact Partners Corp, will target pre-seed and seed companies in fintech for climate resilience, sustainable livelihoods, etc.
- Categories
- Environment, Technology
- Region
- Sub-Saharan Africa
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Carbon Offsets Fail to Cut Global Heating Due to ‘Intractable’ Systemic Problems, Study Says
While the industry and diplomats have made efforts to improve the system, it found much-awaited rules agreed at a UN climate summit last year “did not substantially address the quality problem”.
- Categories
- Environment, Finance
- Region
- Global
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World’s Biggest Pension Fund Puts Impact Investing on the Agenda
GPIF President Kazuto Uchida has made clear he thinks that an investment approach targeting environmental and social goals "ultimately leads to” economic and capital markets growth.
- Categories
- Environment, Investing
- Region
- Global
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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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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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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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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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