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Press Release: IFC Issues 700 Million Australian Dollar Green Kangaroo Bond to Promote Biodiversity in Emerging Markets
The proceeds of this bond will support biodiversity initiatives, such as the BTG Pactual Timberland Investment Group’s Latin American reforestation strategy.
- Categories
- Environment, Investing
- Region
- Global
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UK to Help Give 10 Million People Worldwide Access to Clean Cooking
At COP29 in Baku, Minister for Development Anneliese Dodds will commit to help the Global South access clean forms of cooking that does not burn wood or coal.
- Categories
- Energy, Environment
- Region
- Global
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Global Coalition Pledges $10 Billion for Brazilian Forest Restoration and Conservation
This public-private partnership brings together major financial institutions, conservation organizations, and government entities to support Brazil’s environmental goals, making it one of the most comprehensive forest restoration programs in the world.
- Categories
- Environment, Technology
- Region
- Latin America
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Press Release: IFC Invests in Biodiversity Bond Issued by Davivienda to Support Sustainable Finance and Biodiversity Protection in Colombia
IFC's participation in the bond issuance represents an innovative financing instrument, as it supports the second biodiversity bond to be issued globally.
- Categories
- Environment, Investing
- Region
- Latin America
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Debate Rages Over Push for New Green Revolution in Africa’s Agriculture
After decades of mono-cropping and overgrazing, around 65% of Africa’s farmland, opens new tab is now considered unproductive or degraded, leaving more than 270 million people facing chronic hunger.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Funding the Fight Against the World’s Oldest Fuel Source: How New Financing Mechanisms in Clean Cooking Can Succeed Where Grants Have Failed
The use of biomass fuel for cooking has remained consistent over the centuries, despite the development sector's efforts to scale global access to clean cookstoves. As Paul Ronalds at Save the Children Global Ventures argues, a key reason for this failure is the estimated $5.5 billion annual funding gap facing clean cooking initiatives — a gap that traditional sources of finance, like private donations and government grants, have been unable to fill. He discusses several funding solutions, including carbon credits, that could help the clean cooking sector finally end the era of biomass fuel.
- Categories
- Energy, Environment, Investing, Technology
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Investors Back $225 Million World Bank Bond For Amazon Reforestation and Carbon Removal
The bond aims to mobilize around $36 million to fund Mombak, a Brazilian company dedicated to reforesting the Amazon.
- Region
- Latin America
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World Bank Provides $1 Billion Grant, $500 Million Concessional Credit for Ethiopia
Reforms supported by the operation help increase the private sector orientation of Ethiopia’s economy by addressing the root causes of macroeconomic imbalances and expanding trading opportunities.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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