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Deutsche Bank Becomes First Bank to Join #BackBlue Ocean Finance Commitment
#BackBlue is a UN-backed blue finance commitment focused on driving sustainable investment into Ocean and coastal resilience.
- Categories
- Environment, Investing
- Region
- Global
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Press Release: COP28 Galvanizes Finance and Global Unity for Forests and the Ocean
H.E. Razan Khalifa Al Mubarak, UN Climate Change High-Level Champion for COP28 unveils $1.7 billion in nature conservation finance.
- Categories
- Environment
- Region
- Global
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Achieving the SDGs in the World’s Most Vulnerable Countries: Why the Private Sector Must Recommit to Financing Sustainable Development in Small Island Developing States
It's widely recognized that the world is not on track to reach the Sustainable Development Goals (SDGs) by 2030. And as Isabella Massa and Samory Toure at the UN Sustainable Development Solutions Network explain, Small Island Developing States (SIDS) are facing unique obstacles to their SDG agendas. They explore the economic, geophysical and environmental vulnerabilities that SIDS face, and call for the private sector to step up its commitment to financing SDG progress in these countries.
- Categories
- Environment, Investing
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Bank Mandiri Partners with FishLog to Expand MSME Financing in Indonesia
FishLog focuses on the cold-chain fisheries sector and offers services such as a B2B marketplace and inventory financing.
- Categories
- Investing
- Region
- South Asia
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Strengthening the Front Lines in the Fight Against Climate Change: A Call for Investment in Coastal Communities’ Resilience
This week, both the UN Sustainable Development Goals (SDGs) Summit and Climate Week NYC are happening in New York, at the end of the hottest summer on record. As Florian Kemmerich at Palladium and Bamboo Capital Partners points out, there are good reasons for the alignment between the two events and the growing urgency of the discussion — particularly in a coastal city like New York. He explores how coastal communities bear the brunt of escalating climate impacts, and how investing in their climate resilience can support progress toward the other SDGs.
- Categories
- Environment, Investing
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Gabon ‘Blue Bond’ Swap Raises Hopes for Wave of African Debt-For-Nature Deals
Excitement about debt-for-nature swaps has built this year after Ecuador secured a record $1.6 billion swap in May, freeing up $18 million annually for the Galapagos Islands.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
- Tags
- blue economy, impact bonds
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Asian Development Bank Signs $44.2 Million Blue Loan With ALBA to Reduce Ocean Plastic Waste in Indonesia
The Indonesian government has implemented policy initiatives targeting a 70% reduction in plastic waste leakage by 2025.
- Categories
- Environment, Technology, WASH
- Region
- South Asia
- Tags
- blue economy, infrastructure, recycling, waste, water
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IFC Announces a Sustainable Loan of $160 Million to Produbanco to Support the Blue Economy in Ecuador
The loan will be used to promote the blue economy and boost access to financing for Small and Medium Enterprises (SMEs).
- Categories
- Environment
- Region
- Latin America
- Tags
- blue economy, ESG, global development, MSMEs, waste, water
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