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How Innovation Created an Off-Grid Solar Market in Rural Bangladesh — And What Other Countries Can Learn from this Model
In the early 2000s, a small-scale World Bank pilot project in Bangladesh unexpectedly grew into the largest off-grid solar program in the world. According to Nancy Wimmer at microSOLAR, the program's success provided the rest of the world with a model for how low- and middle-income countries can develop a nationwide, rural market for decentralized solar systems driven by home-grown companies. She explores how other countries can adapt Bangladesh’s market-creating innovations to their own local environments.
- Categories
- Energy, Technology
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BlackRock Eyes $7 Billion for New Global Renewable Power Fund
The world's biggest asset manager BlackRock said it hopes to raise up to $7 billion for its fourth Global Renewable Power Fund as clients ramp up climate-friendly investments.
- Categories
- Energy, Technology
- Region
- Global
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Asian Development Bank Signs $44.2 Million Blue Loan With ALBA to Reduce Ocean Plastic Waste in Indonesia
The Indonesian government has implemented policy initiatives targeting a 70% reduction in plastic waste leakage by 2025.
- Categories
- Environment, Technology, WASH
- Region
- South Asia
- Tags
- blue economy, infrastructure, recycling, waste, water
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African Development Bank and Africa Growing Together Fund Commit $124.4 Million to Improve Sanitation in Angola’s Coastal Towns
The funds will help Angola to improve access to climate-resilient and sustainable sanitation services.
- Categories
- Technology, WASH
- Region
- Sub-Saharan Africa
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Nigeria’s BUA Gets $500 Million Funding to Develop New Cement Lines
The funding would help the company part-finance and develop two new, energy-efficient cement production lines at its plant in Sokoto state.
- Categories
- Energy, Investing, Technology, WASH
- Region
- Sub-Saharan Africa
- Tags
- infrastructure, renewable energy, solar, waste
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Saudi Arabia Agrees to Give Belize $45 Million Loan to Support Healthcare Infrastructure
The new 200-bed hospital will be supplied with state-of-the-art medical equipment, facilities, and integrated health services, benefitting approximately 200,000 patients annually
- Categories
- Health Care
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African Development Bank Approves $20 Million Investment in Private Equity Fund Targeting the Infrastructure Sector in Africa
The mobilization of private capital is critical to closing the infrastructure financing gap in Africa.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Solar Power Due to Overtake Oil Production Investment for First Time -IEA
Investment in clean energy will extend its lead over spending on fossil fuels in 2023, according to the International Energy Agency.
- Categories
- Energy, Technology
- Region
- Global
