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Analysis: African Cities and Climate Change: The Real Debate Is Who Should Pay to Fix the Problem
So who should foot the bill for mitigating the impacts and adapting infrastructure to future extreme weather events?
- Categories
- Environment, Finance, Technology
- Region
- Sub-Saharan Africa
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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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India’s Climate-Focused VC Firm Avaana Capital Raises $70 Million
The fund will focus on investments in three sectors - energy transition and resource management; mobility and supply chains; and sustainable agriculture and food systems.
- Categories
- Agriculture, Energy, Environment, Technology, Transportation
- Region
- Asia Pacific
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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
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Report: Financial Tools Needed to Pay $200 Billion Nature Restoration in Southeast Asia
Well-structured capital market instruments such as sustainability-linked bonds (SLBs) can help scale up investments in nature restoration projects.
- Categories
- Environment, Investing
- Region
- South Asia
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Press Release: Asian Development Bank Announces IF-CAP, New Program to Accelerate Billions in Climate Change Financing
The landmark program could significantly ramp up support for the region in the battle against climate change.
- Categories
- Environment, Finance
- Region
- Asia Pacific
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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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Global Environment Facility Adds $13 Million to AGRI3 Fund for Sustainable Agriculture
This funding mechanism supports the development of sustainable agriculture and forest conservation.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
- Tags
- climate finance, forests