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How China Is Looking Beyond Borders
The “Belt and Road Initiative” was announced by the Chinese government in 2013 as a global trade strategy based on the ancient Silk Road trading route.
- Categories
- Finance
- Region
- Asia Pacific
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China Tries to Calm Jitters About the “Belt and Road” Initiative
China insists that its tens of billions of dollars in loans and investments are fostering global prosperity—a message that it is sure to repeat to foreign leaders attending the second Belt and Road Forum, which takes place from April 25th to 27th in Beijing.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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On South America’s largest solar farm, Chinese power radiates
The project, known as Cauchari, is a testament to the rising clout of Beijing as a backer of big projects in cash-strapped emerging markets. And it is helping China cement its standing as the world’s leader in clean-energy technology.
- Categories
- Energy
- Region
- Latin America
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UN Announces New CEO Alliance to Fund Sustainability
It announced the Global Investors for Sustainable Development (GISD), a new alliance of chief executives coordinated by UNCTAD and the UN’s Department of Economic and Social Affairs (UN DESA), at the UN’s SDG Investment Fair in New York on April 15.
- Categories
- Investing
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From Critic to Cheerleader — David Malpass’ First Week at the World Bank
Addressing staff — and then later members of the press — Malpass appeared at pains to show he has little appetite for the kind of organizational shake-up former president Jim Kim undertook early in his first term. Instead, Malpass littered his remarks with references to the bank’s “twin goals” and liberally praised staff and his leadership team.
- Categories
- Finance
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Press release: Aligned Intermediary awarded grant to support Climate Finance Partnership
The consortium has jointly committed to develop a flagship blended private infrastructure equity fund for climate infrastructure projects and companies in emerging markets. The fund aims to be one of the biggest blended vehicles to-date targeting climate-related investments in developing countries.
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- Investing
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Press release: OPIC announces investing milestone as portfolio for impact reaches $100 million in commitments
OPIC, the U.S. Government’s development finance institution, first launched Portfolio for Impact (PI) in 2014 as pilot program to support promising impact investments that might struggle to raise capital because they are small or early-stage. Since that initial launch, OPIC has committed more than $100 million across 22 projects that are supporting small farmers and small businesses in emerging markets, and expanding access to food, education, healthcare, technology, financial services and clean water.
- Categories
- Investing
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Development-bank climate funds seek new dollars, as competition heats up
The $8.3-billion Climate Investment Funds (CIF), currently the world’s largest multilateral climate financing instrument, help developing states pursue low-carbon development that protects them better from wilder weather and rising seas.
- Categories
- Environment, Finance, Investing