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South Africa Launches $1 Billion Dedicated Green Hydrogen Fund
SA-H2 is the second-of-its-kind, blended finance fund for African green hydrogen projects.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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A Blueprint for Closing the SDG Financing Gap: How to Raise $290 Billion in 12 Months to Tackle the World’s Biggest Problems
As of 2020, the annual SDG financing gap for developing countries stood at $4.2 trillion — up from $2.5 trillion pre-pandemic. And according to Chris Clubb at Convergence Blended Finance, though private capital is crucial to closing this gap, the $240 billion in annual public development finance only mobilizes around $44 billion in private investment, which covers just 1% of these countries' climate and SDG investment needs. He explores the core elements of Convergence's Action Plan for Climate and SDG Investment Mobilization, which shows how a small amount of public and philanthropic funding can catalyze private investment to more than double total climate and SDG financing in developing economies.
- Categories
- Environment, Investing
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Press Release: Miller Center & AlphaMundi Foundation Partner to Accelerate Scaling for High-Performing Enterprises
The partnership builds on AMF’s expertise in gender and climate investing to provide structured blended finance products to scale small-to-medium enterprises (SMEs) in Africa and Latin America,
- Categories
- Education, Environment, Social Enterprise
- Region
- Global
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Mirova Raises $171 Million at First Closing of Gigaton Fund 1 To Support Clean Energy Transition in Emerging Markets
Blended finance debt fund aims to accelerate clean energy transition in emerging markets.
- Categories
- Finance
- Region
- Global
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Switzerland Pledges 15 Million Francs to the Bamboo-UNCDF Initiative for the Least Developed Fund
The BUILD Fund is a unique investment fund in support of small and medium-sized enterprises (SMEs) in least developed and lower middle income countries (LDCs and LMICs).
- Categories
- Investing
- Region
- Global
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Prosper Africa, Partners to Invest US $274 Million in Affordable Housing Across West Africa
The U.S. investment in Africa’s emerging markets allows West Africans greater access to homeownership.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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AfricaGoGreen Fund Closes US $47 Million in New Equity Investments to Advance Climate Resilience in Africa
The funding will allow AGGF to broaden its financing for climate-friendly projects in Africa.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Press Release: USAID Announces Four New Public-Private Partnerships Under the Digital Invest Program to Support Digital Finance and Internet Service Providers
This year, USAID will launch the following new partnerships, expanding and diversifying the Digital Invest portfolio.
- Categories
- Finance, Technology
- Region
- Global