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British International Investment Commits $60 Million to Green Investment Partnership to Close the Climate Finance Funding Gap in South-East Asia
GIP is an innovative blended finance vehicle under FAST-P that has secured $510 million in committed capital from global and regional private, public and philanthropic institutions.
- Region
- South Asia
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Beyond Shock, Money or Mandate: Why African Banks Aren’t Taking Bold Climate Action — And What it Will Take to Move Forward
Africa is one of the most climate-vulnerable regions in the world. Yet though climate finance has emerged as a growing solution, African banks have yet to truly ramp up their climate lending. As Carla Legros and Anthony Mbithi argue, one reason for this lack of urgency is that the financial case for this lending has rarely been framed in ways that resonate with how banks operate — namely, as a clear money-making opportunity in the near to medium term. They share a framework for understanding financial institutions' level of engagement in climate finance, providing funders and policymakers with a tool they can use to match their interventions to banks’ institutional reality.
- Categories
- Environment, Finance, Investing
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East Asia Brings Boom to African Fintech Unicorn Flutterwave
The company’s international growth this year has also included securing 20 new licenses in the United States for its remittance app, Send.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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British International Investment Anchors CRDB Bank’s Landmark Islamic Bond to Promote Financial Inclusion in Tanzania
Tanzania’s first large-scale Islamic bond issued by a private sector institution marks a major milestone in the country’s financial landscape.
- Categories
- Investing, Social Enterprise
- Region
- Sub-Saharan Africa
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Upaya Social Ventures Invests In I Was A Sari To Drive Jobs And Sustainability In The Global Fashion Sector
This marks Upaya’s 44th investment in early-stage, mission-aligned businesses that generate jobs for people living in extreme poverty.
- Categories
- Social Enterprise, WASH
- Region
- Asia Pacific
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WHO Urges Urgent Action Ahead of COP30 at Global Climate and Health Conference in Brasília
Climate change is fuelling a health crisis and threatens to undo decades of global health progress.
- Categories
- Environment, Health Care
- Region
- Global
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Press Release: Kumulus Water Raises $3.5mln to Redefine Clean Water Access With Off-Grid Tech in MENA and Europe
"Backed by Bpifrance, PlusVC, Flat6labs, Khalys Venture and Spadel, Kumulus to scale Atmospheric Water Generators (AWS) that extract safe drinking water from air without infrastructure."
- Categories
- Environment, Technology, WASH
- Region
- Sub-Saharan Africa
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Making Waves in the Regenerative and Sustainable Ocean Economy
"The World Economic Forum, the Ocean Risk and Resilience Action Alliance, Builders Vision and Katapult Ocean have collaborated to showcase the diversity, maturity, and bankability of investment opportunities within the regenerative and sustainable ocean economy in a new report, Making Waves in the Regenerative & Sustainable Ocean Economy: Transformative Ocean Investment Opportunities."
- Categories
- Environment, WASH
- Region
- Sub-Saharan Africa
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