NextBillion - A WDI Publication

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.

Source

Carbon Herald (link opens in a new window)

Region

Latin America

Tags

climate change, decarbonization, forests, impact bonds, impact investing

Press Release: Upaya Social Ventures Successfully Exits From Resham Sutra, Celebrates Creation Of Dignified Jobs In India’s Silk Industry

Resham Sutra is a New Delhi-based social business dedicated to empowering local artisan communities by providing solar-powered silk yarn production machines.

Source

Upaya Social Ventures (link opens in a new window)

Categories

Social Enterprise

Region

Asia Pacific

Tags

business development, creative economy, impact investing, Productive Use of Energy

Oorja Closes US $1.5 Million Pre-Series A To Scale Its Farming-as-a-Service Model

Oorja owns, operates and maintains decentralised solar infrastructure at the farm level and sells affordable irrigation and milling services to groups of smallholder farmers.

Source

Oorja Solutions (link opens in a new window)

Categories

Agriculture, Energy, Technology

Region

Asia Pacific

Tags

climate change, energy access, food security, impact investing, Productive Use of Energy, renewable energy, smallholder farmers, solar

M&G Invests $100 Million in responsAbility’s Asia Climate Strategy

RespsonsAbility’s Asia climate strategy uses a blended finance structure, combining public funding with private capital.

Source

ESG Today (link opens in a new window)

Categories

Environment

Region

Global

Tags

blended finance, climate change, decarbonization, global development, impact investing

Profit with Purpose: How Women-Inclusive Business Practices Drive SME Success

Small- and medium-sized enterprises (SMEs) presents a significant untapped opportunity to advance gender equality in low- and middle-income countries.

Source

Business Fights Poverty (link opens in a new window)

Categories

Investing

Region

Global

Tags

data, employment, impact investing, MSMEs, research, women entrepreneurs

One Acre Fund Secures $1.4 Million Debt Funding to Support Farmers in Africa

One Acre Fund has recently secured a $1.4 million debt fund from Impact Bridge Asset Management to finance and support farmers in Africa.

Source

Benjamin Dada (link opens in a new window)

Categories

Agriculture, Investing

Region

Sub-Saharan Africa

Tags

food security, human rights, impact investing, lending, research, rural development, smallholder farmers

BII Commits $50 million to Access Bank to Support Businesses in Nigeria

Access Bank is one of the largest banks in Nigeria, that is committed to providing support to businesses through funding, capacity building and networking opportunities.

Source

British International Investment (link opens in a new window)

Categories

Investing

Region

Sub-Saharan Africa

Tags

business development, development finance, employment, impact investing, MSMEs, startups

Dutch and Austrian DFIs back REGMIFA to Support sub-Saharan African MSMEs

The Dutch development bank FMO and Austrian DFI Oesterreichische Entwicklungsbank have invested $20m into the Regional MSME Investment Fund for sub-Saharan Africa.

Source

Impact Investor (link opens in a new window)

Categories

Investing

Region

Sub-Saharan Africa

Tags

global development, impact investing, MSMEs