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IFC Seeks $300 Million to Fund Electricity Mini-Grids in Africa
The International Finance Corp. is setting up an entity aimed at lowering the cost of mini grids in Africa, to accelerate plans to connect 300 million Africans to electricity by 2030.
- Categories
- Energy, Finance, Technology
- Region
- Sub-Saharan Africa
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‘Moonshot’ Education Finance Facility Aims to Turn $1 Into $7 in LMICs
The International Finance Facility for Education is finally up and running — and it’s “a smart aid approach,” according to its first CEO, Karthik Krishnan.
- Region
- Global
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500 Global and UNDP Launch New Innovation Programs to Boost Africa’s Ecosystem
The launch is the latest in a series of firm actions to reinforce support for the African venture ecosystem.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Plastics Linked to $1.5 Trillion in Annual Health Costs, Study Finds
A new report published in The Lancet has found that plastics are responsible for more than $1.5trn in global health-related economic losses each year, affecting people from infancy to old age.
- Categories
- Health Care, WASH
- Region
- Global
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Sierra Leone Launches Landmark $180 Million Water Security and Wash Access Project
Structured in three progressive phases, the initiative provides a clear roadmap for achieving nationwide water security and sanitation access.
- Categories
- WASH
- Region
- Sub-Saharan Africa
- Tags
- development finance, employment, sanitation, SDGs, water
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Analysis: Tropical Forest Countries Take the Lead to Mobilize Finance for Climate Action
Public-private, Global South-led initiatives like the TFFF are urgently needed in a world where official development assistance is declining and where solutions from those most affected by the climate crisis bring fresh impetus and ideas.
- Categories
- Environment
- Region
- Global
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Report: World is Off Track to Achieve Universal Energy Access by 2030
"While almost 92% of the world’s population now has basic access to electricity – an improvement since 2022 – over 666 million people remain without access . . . "
- Categories
- Energy
- Region
- Global
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Report: A Decade After Their Adoption at the UN, the World Remains Highly Committed to the Sustainable Development Goals
Limited and declining support for UN-based multilateralism by major powers and insufficient fiscal space pose key obstacles to achieving the Global Goals.
- Categories
- Uncategorized
- Region
- Global