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ADB Approves $400 Million Loan to Upgrade Road Connectivity in Maharashtra, India
The Maharashtra Roads Connectivity for Inclusive Growth Program will improve all-weather road connectivity in 34 districts, particularly in the climate-vulnerable and economically lagging Marathwada and Vidarbha regions.
- Categories
- Investing, Transportation
- Region
- Asia Pacific
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U.S. Backs $150 Million Zipline Expansion to Transform Africa’s Healthcare Delivery
"The U.S. Department of State has approved a $150 million award to Zipline, the world’s largest autonomous logistics company, to support the expansion of its life-saving artificial intelligence-powered drone delivery infrastructure across Africa."
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Financing Off-Grid Solar: A Pioneering Provider in Honduras Shows the Impact of Diversified Funding
Honduras is one of the poorest countries in Latin America and the Caribbean, and many of its most remote regions remain unserved by the electricity grid. Richenda Van Leeuwen at Hummingbird Green Solutions and Richard Stuebi and Jesse Colman at Boston University explore how Soluz Honduras is bringing freezers and other solar products to these markets by leveraging a variety of different financing models — an approach that shows how diversified funding can enable businesses to serve even the hardest-to-reach areas and the poorest of customers. (In celebration of our 20th anniversary, NextBillion is highlighting key articles from our decades of coverage of different sectors on our homepage below, with a current focus on energy.)
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Nepal Receives $9.4 Million for Forest Carbon Cuts Under World Bank’s FCPF Program
"This marks Nepal's first-ever payment under the Emission Reductions Payment Agreement (ERPA), a milestone in the country's efforts to curb deforestation, strengthen forest governance, and promote community-led sustainable forest management."
- Categories
- Environment, Investing
- Region
- Asia Pacific
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A Bold New Investment Fund Aims to Channel Billions Into Tropical Forest Protection – One Key Change Can Make It Better
The mechanics of raising these funds is intriguing – Brazil is seeking an initial $25 billion from national governments and foundations, and then another $100 billion from investors.
- Categories
- Agriculture, Environment, Investing
- Region
- Global
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Uganda Secures $31 Million from Green Climate Fund for Cutting Deforestation — a First for Africa
The approval marks a historic milestone for both Uganda and Africa, as it represents the first GCF results-based payment project on the continent.
- Categories
- Environment
- Region
- Sub-Saharan Africa
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ADB Approves $460 Million Loan to Support Agricultural Solarization in India
The Maharashtra Power Distribution Enhancement Program for Agricultural Solarization aligns with the state’s Power Sector Vision 2030, which seeks to accelerate renewable energy adoption, improve rural energy access, and strengthen the financial sustainability of the power sector.
- Categories
- Agriculture, Energy, Technology
- Region
- Asia Pacific
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Aligning Capital with Justice: How Innovative Finance Can Enable the Final Stretch Toward Energy Access in Africa
The world has made unprecedented progress toward universal energy access, and today over 90% of the global population has electricity. But as Roeland Menger at Nithio explains, the remaining 10% live in rural and low-income communities — primarily in Africa — that typical business and funding models can't reach. He argues that the exclusion of these markets is not only ineffective but unjust, and highlights several innovative investment approaches that are expanding decentralized energy to the last mile.
- Categories
- Energy, Environment, Investing
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