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Brazil Aims to Raise $2 Billion in ESG Sovereign Bonds in September
Brazil is set to issue around $2 billion in its first sustainable sovereign bonds in September, a senior Finance Ministry official said.
- Categories
- Environment, Investing
- Region
- Latin America
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Press Release: The Rockefeller Foundation Invests $5 Million in Mombak’s “The Amazon Reforestation Fund”
The Rockefeller Foundation’s $5 million investment in Mombak alongside several blue chip investors represents the latest effort to strengthen the marketplace for carbon credits.
- Categories
- Environment, Technology
- Region
- Latin America
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Indonesia Needs $200 Billion Investment for Green Buildings
The building and construction sector accounted for 36 percent of the global energy consumption in 2020.
- Categories
- Environment, Investing
- Region
- South Asia
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Press Release: IFC and IIFL Home Finance Ltd. Partner to Boost Women’s Access to Affordable Housing Finance, Promote Green Homes in India
New funding will help increase access to housing finance among economically weaker sections (EWS) and low-income groups (LIG), including women borrowers in India.
- Categories
- Finance
- Region
- Asia Pacific
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Financial Institutions Failing To Integrate Nature And Climate: New Report Warns Inaction On Nature Impedes Net-Zero Ambitions
Financial institutions must step up responsibility to demand credible and comprehensive data to drive transformative change throughout the financial system.
- Categories
- Environment, Finance
- Region
- Global
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Press Release: IFC and Absa Partner to Expand Financing for Green Buildings in South Africa
Green buildings represent a significant low-carbon investment opportunity because they can save electricity and reduce water consumption.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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FSDAi, InfraCredit Invest $13 Million in Nigeria’s Green Projects
The lack of investment available for early-stage, or “greenfield” projects, particularly climate-aligned infrastructure projects, continues to be a challenge due to perceived high risks.
- Categories
- Environment, Investing
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A Blueprint for Closing the SDG Financing Gap: How to Raise $290 Billion in 12 Months to Tackle the World’s Biggest Problems
As of 2020, the annual SDG financing gap for developing countries stood at $4.2 trillion — up from $2.5 trillion pre-pandemic. And according to Chris Clubb at Convergence Blended Finance, though private capital is crucial to closing this gap, the $240 billion in annual public development finance only mobilizes around $44 billion in private investment, which covers just 1% of these countries' climate and SDG investment needs. He explores the core elements of Convergence's Action Plan for Climate and SDG Investment Mobilization, which shows how a small amount of public and philanthropic funding can catalyze private investment to more than double total climate and SDG financing in developing economies.
- Categories
- Environment, Investing
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