NextBillion - A WDI Publication

KWAP Commits $4.5 Billion to ESG Transition Assets for Sustainable Future in Malaysia

The Retirement Fund Inc (KWAP) has pledged $4.5 billion to increase its focus on transition assets, reinforcing its commitment to sustainable investment.

Source

ESG News (link opens in a new window)

Categories

Investing

Region

South Asia

Tags

energy access, ESG, renewable energy, sustainable finance

The Asian Development Bank Invests $100 Million in Fourth Partner Energy to Support Decarbonization of India’s Commercial and Industrial Sector

The financing includes $70 million from ADB’s ordinary capital resources and $30 million from Leading Asia’s Private Infrastructure Fund 2 (LEAP 2), administered by ADB.

Source

ForeignAffairs.co.nz (link opens in a new window)

Region

Asia Pacific

Tags

decarbonization, energy access, partnerships, poverty alleviation, renewable energy, solar

Goldman Sachs Invests $440 Million in Renewable Independent Power Producer

The strategic investment in BrightNight will support the development of utility, commercial, and industrial solar and energy storage projects.

Source

PV Magazine (link opens in a new window)

Categories

Energy, Investing

Region

Global

Tags

corporations, energy access, infrastructure, renewable energy, solar

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

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.

Source

Addis Standard (link opens in a new window)

Categories

Investing

Region

Sub-Saharan Africa

Tags

development finance, forests, global development, poverty alleviation, public policy, renewable energy

New Research Suggests Africa’s Green Economy Could Create More Than 3 Million Direct Jobs by 2030

“Forecasting Green Jobs in Africa” underscores the critical importance of a skilled workforce as an input accelerating African green industries.

Source

FSD Africa (link opens in a new window)

Categories

Agriculture, Energy

Region

Sub-Saharan Africa

Tags

e-mobility, employment, manufacturing, renewable energy, research

illionMonarch Tractor Announces $133 M Series C Funding – Marking Largest-Ever Raise in Agricultural Robotics

With this latest raise, the company behind the world's first fully electric, driver-optional, smart tractor cements its position as a leader in the space.

Source

PR Newswire (link opens in a new window)

Categories

Agriculture, Technology

Region

Global

Tags

artificial intelligence, e-mobility, renewable energy, smallholder farmers

Press Release: $1.7 Million Funding Boost for Innovators Advancing Clean Energy Agriculture Technology

Efficiency for Access has awarded $1.7m of funding to innovators to help develop clean energy agricultural technologies and appliances in Sub-Saharan Africa and South-East Asia.

Source

Efficiency for Access (link opens in a new window)

Categories

Agriculture

Region

Sub-Saharan Africa

Tags

energy access, food security, innovation, Internet of Things, Productive Use of Energy, renewable energy, smallholder farmers, supply chains