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African Development Bank Announces $1 Billion to Boost Access to Climate Finance for Youth Businesses
The additional financing will boost YouthAdapt, a joint initiative between the Bank and the Global Centre on Adaptation.
- Categories
- Environment, Technology
- Region
- Sub-Saharan Africa
- Tags
- climate change, climate finance, MSMEs, youth
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Press Release: COP28 Presidency Announces US$4.5 Billion UAE Finance Initiative to Unlock Africa’s Clean Energy Potential
In order to reduce barriers to investment, the President-Designate highlighted multiple action points that require the coordinated efforts of African leaders and the international community.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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Press Release: IFC and IDEI Announce Green Bond Issuance for 800 Million Pesos to Promote Sustainable Construction in Mexico
The bond will contribute to the development of green financing for construction in Mexico, while strengthening the country's climate financing market.
- Categories
- Investing, Technology
- Region
- Latin America
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Viewpoint: The World Bank Is Failing on Climate Change
If the World Bank is serious about meeting its development goals, it cannot do so without first tackling climate change.
- Categories
- Environment
- Region
- Global
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Addressing the Credibility Crisis in Carbon Credits: How New Technologies — And New Data — Are Building Trust in Carbon Markets
Are carbon credits a legitimate tool to fight climate change — or are they just greenwashing? Ben Jeffreys at ATEC Global argues that, despite recent research that has called its effectiveness into question, putting a price on carbon is actually one of our most promising ways to accelerate global decarbonization. But as he points out, that doesn’t mean the criticisms of carbon credits aren't valid: He explores the challenges that are impacting carbon credits' credibility, and proposes five recommendations for building a more robust and transparent carbon market.
- Categories
- Environment, Technology
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Report: ‘Turning Point’ for Green Bond Impact Reporting Standards
Impact reporting by green bond funds saw a transformational rise in standards over the past year.
- Categories
- Environment, Finance, Impact Assessment
- Region
- Global
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International Finance Corporation Invests $500 Million in Indonesian Bank
BTPN’s social and green bonds are set up to support climate action and women-led small businesses.
- Categories
- Investing
- Region
- South Asia
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MUFG, Partners Launch $1.5 Billion Climate Finance Platform
The structure and activities are intended to respond to the main obstacles and barriers limiting privately-financed investments in climate adaptation and mitigation projects in emerging markets.
- Categories
- Environment, Investing
- Region
- Global