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DFC Commits $49.5 Million to Help Genus Power Expand Smart Meter Program in India
This initiative is expected to optimize and improve grid efficiency in India.
- Categories
- Energy, Technology
- Region
- Asia Pacific
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Analysis: Why a Major IFC Solar Initiative Failed to Scale in Africa
Scaling Solar sought to address some challenges but development experts are urging IFC to take a close look at the program and learn from its alleged failures.
- Region
- Sub-Saharan Africa
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E3 Capital and Lion’s Head Climate Fund Hits First Close at $48 Million to Back African Startups
E3 Low Carbon Economy Fund for Africa joins the growing list of funds backing startups in Africa’s climate tech sector.
- Region
- Sub-Saharan Africa
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African Development Bank Secures $350 Million Loan Deal from Japan International Cooperation Agency to Boost its Support for Private Sector Operations in Africa
The loan comes under the Enhanced Private Sector Assistance (EPSA) initiative, which is a component of Japan’s Official Development Assistance to Africa.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Viewpoint: Social Finance: We Can’t Change Education Outcomes if We Don’t Innovate
Facing a global learning crisis, how an innovative development impact bond focussed on improving learning outcomes for students.
- Categories
- Education, Technology
- Region
- Global
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Unilever Seals $2 Million Partnership Agreement on Plastic Waste Collection
Expressing concerns over the increasing plastic waste, Unilever Nigeria and Bridges Outcomes Partnerships have entered a partnership to help social enterprise Wecyclers.
- Categories
- Social Enterprise, WASH
- Region
- Sub-Saharan Africa
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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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Press Release: ENGIE Partners With CarbonClear to Finance the Access to Energy Challenge in Africa Through the Voluntary Carbon Market
A landmark partnership was signed today to foster the sustainable development and access to energy financing in Africa through the Voluntary Carbon Markets.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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