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Press Release: DFC and IDB Invest Expand the Americas Partnership Platform by Creating a New Co-Financing Framework to Promote Sustainable Development in Latin America and the Caribbean
The U.S. International Development Finance Corporation (DFC) and IDB Invest launched a new co-financing framework that furthers their collaboration to support high-impact development projects in Latin America and the Caribbean.
- Categories
- Finance
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Press Release: Global Verification Body Verra Certifies d.light’s Clean Cookstove Projects in Sub-Saharan Africa
Initiative to distribute 600,000 clean cookstoves in Kenya, Nigeria and Uganda is verified by leading certifier as a trusted source of high-quality carbon credits.
- Categories
- Energy, Environment, Technology
- Region
- Sub-Saharan Africa
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Private Business Alone Can’t Bring Energy to the Last Mile: Why Philanthropy Should Shift its Focus to Scalable Non-Profit Models
Africa is home to countless failed pay-as-you-go energy businesses that couldn't sustain themselves after their grant funding dried up. According to Aneri Pradhan at New Energy Nexus, this highlights the shortcomings of market-led approaches to last-mile energy access across the continent. She argues that philanthropic funding has largely failed to create sustainable energy businesses in these communities, as customers cannot afford clean energy at their current income levels. Instead, she encourages funders to support non-profit models that have proven their ability to reach these communities at scale.
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Cancellation of UN Climate Weeks Removes Platform for Worst-Hit Communities
The UNFCCC has said it will not hold regional climate weeks in 2024 due to a funding shortfall – which means less inclusion for developing-country voices.
- Categories
- Environment, Investing
- Region
- Global
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Press Release: Viewpoint: Income Inequality High or Rising in 60 Percent of Countries With Loans From IMF and World Bank
Income inequality is high or increasing in 60 percent of low- and middle-income countries receiving grants or loans from the International Monetary Fund (IMF) and World Bank.
- Categories
- Investing
- Region
- Global
- Tags
- global development, SDGs
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Analysis: How Improved Housing in Under-served Communities Can Strengthen Climate Resilience
Housing is a crucial entry point to advance climate goals and sustainable development.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Global Poverty Measurement is A Mess, And it’s Holding Back the World’s Anti-Poverty Efforts
A recent Stanford University study on the impact of poverty measurement found vast differences between four common approaches, affecting both how anti-poverty programs define and measure poverty — and who qualifies for assistance. As Martin Burt at Fundación Paraguaya argues, this lack of coordination is hindering global poverty alleviation efforts. He proposes a different approach to poverty measurement: one based on listening to the perspectives of the people who are experiencing poverty, and providing them with customized strategies to address the specific challenges they face.
- Categories
- Social Enterprise
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Press Release: World Bank Group Announces New Approach to Measuring Impact
For the first time, the work of all World Bank Group financing institutions will be tracked through the same set of indicators.
- Categories
- Investing
- Region
- Global
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