-
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
-
Press Release: UNDP to Support Seven Innovative Financial Solutions for Clean Energy in East Africa
The seven solutions are the winners of the UNDP Climate Aggregation Platform Financial Innovation Challenge which aims to crowdsource innovative financial aggregation solutions for clean energy assets in East Africa.
- Categories
- Environment, Investing, Technology
- Region
- Sub-Saharan Africa
-
Kaszek Earmarks Nearly $1 Billion in New Funds for Latin American Startups
Kaszek plans to put money in 20 to 30 companies out of its early-stage fund in Latin America.
- Categories
- Investing, Technology
- Region
- Latin America
-
NSIA, Vitol Sign $50 Million Deal for Carbon Removal Projects
The Nigeria Sovereign Investment Authority (NSIA) says it has completed a joint venture (JV) agreement with Vitol to invest in a range of carbon avoidance and removal projects.
- Categories
- Energy, Environment, Investing
- Region
- Sub-Saharan Africa
-
Equator Secures $40 Million in Commitments for Fund Targeting Climate Tech Startups in Africa
Despite the role technologies play in improving the world’s environmental footprint, raising venture capital has proved chiefly hard in years past.
- Categories
- Environment, Investing, Technology
- Region
- Sub-Saharan Africa
-
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
-
Press Release: CapShift Releases Guide to Sustainable and Regenerative Food And Agriculture Investing
CapShift has released “How to Invest in Sustainable and Regenerative Food and Agriculture,” a guide to understanding the complex landscape of food and agriculture investing.
- Categories
- Agriculture, Investing
- Region
- Global
- Tags
- agtech, climate change
-
Vice President Harris Announces Over $7 Billion in Private Sector and U.S. Government Commitments to Promote Climate Resilience, Adaptation, and Mitigation across Africa
These new investments and initiatives will generate significant economic benefits while addressing African nations’ pressing needs resulting from the climate crisis.
- Categories
- Agriculture, Environment, Transportation, WASH
- Region
- Sub-Saharan Africa
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.