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Combining Green Banks and National Funds to Boost Climate Financing in Africa
The African Development Bank has partnered with the Climate Investment Funds to release a scoping report highlighting the impact of combining green banks and national climate funds to accelerate green financing.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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Crowdfunding For Clean Energy — Raise Green Launches New Marketplace
Founded by Peter Krajsa and Matthew Brown, NEIF currently manages more than $800 million worth of “innovative energy financing programs.”
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Building an inclusive city in Myanmar, one trash alley at a time
From Kenya to Colombia, Spain to Singapore, urban planners, businesses and citizens are creating green, open spaces in fast-growing cities to foster community spirit and tackle rising pollution and cramped living spaces.
- Categories
- Entrepreneurship, Environment, Technology
- Region
- South Asia
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Goldman Sachs to Spend $750 Billion on Climate Transition Projects and Curb Fossil Fuel Lending
“There is not only an urgent need to act, but also a powerful business and investing case to do so,” Goldman Sachs CEO David Solomon wrote in an opinion piece published Sunday in the Financial Times.
- Categories
- Environment, Finance
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Future Returns: Green Bonds on the Rise
The volume of outstanding green bonds—both “labeled” and “unlabeled”—has reached around US$2 trillion, according to Stephen Liberatore, a managing director at TIAA’s Nuveen and manager of the TIAA-CREF Social Choice Bond Fund.
- Categories
- Environment, Investing
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Press Release: BBVA and Fibra Uno Sign Latin America’s First-Ever Sustainability-Linked Revolving Credit Line
BBVA served as sole sustainable agent in the first syndicated revolving credit facility in Latin America, signed with Fibra Uno, a strategic client for the bank. The transaction is also the first sustainable transaction by a real estate business in the region and the first facility to be arranged in accordance with the ‘Sustainability-Linked Loan Principles’ in Latin America.
- Categories
- Finance
- Region
- Latin America
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Press Release: UNDP Supported Countries to Receive $84.9m for Climate Action From the Green Climate Fund
The approved funding for adaptation reflects the Fund’s commitment to meeting the needs of societies that are highly vulnerable to the effects of climate change – in particular Least Developed Countries (LDCs) and Small Island Developing States (SIDS) – and supporting high-impact, country-led initiatives to achieve low-emission, climate-resilient development.
- Categories
- Environment, Finance
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Green Bond Milestone: Global Issuance Surpasses $100bn in First Half of 2019
The $100bn mark was first reached in November 2017 during the COP23 climate summit, and then again in September 2018. Now the milestone has been reached during the first half of the year for the first time.
- Categories
- Environment, Finance