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UK Offers $541 Million Loan to Brazil-led Tropical Forest Fund
"New Prime Minister Andy Burnham, who has focused even more tightly on easing domestic cost-of-living concerns since coming to power in July, has since said some of Britain's international climate contributions should be made in the form of loans, not grants."
- Categories
- Investing
- Region
- Latin America
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Hijau Raises $10 Million to Scale Distributed Solar Projects Across Indonesia
Founded in 2017, Hijau develops rooftop solar projects mainly for commercial and industrial customers. The company follows a zero-capital-expenditure model, allowing businesses to install and use solar systems without making large upfront investments in equipment.
- Categories
- Energy, Investing, Technology
- Region
- South Asia
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Eight More Nations Pledge New Circular Economy Roadmaps in Africa
As part of this second phase of the National Roadmaps for the Circular Economy (NCER) program, Angola, Liberia, Madagascar, and Senegal will develop their own roadmaps by identifying priority sectors, aligning institutional efforts, and tailoring strategic guidelines to their local productive structures.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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Press Release: Scaling up Green Transition in Southern Africa: Climate Fund Managers Reaches First Close of SA-H2 Fund at ZAR 3 Billion
SA-H2 is a blended finance private equity fund focused on the green hydrogen value chain and energy transition in Southern Africa.
- Categories
- Energy, Environment, Investing
- Region
- Sub-Saharan Africa
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ADB and Partners Power Timor-Leste’s Energy Future with Landmark Investment in Solar and Battery Storage
The landmark investment—which is also Timor-Leste’s first independent power producer project —will be operated by Manatuto Renewables Power and will help to transform the country’s energy landscape by reducing reliance on imported diesel.
- Region
- South Asia
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Africa Go Green Backs BioLite’s Clean Cooking Rollout in Zambia Under Article 6.2 of the Paris Agreement
The carbon credits generated by the project will be sold to Switzerland’s KliK Foundation under a Mitigation Outcomes Purchase Agreement (MOPA) entered into between BioLite and the KliK Foundation.
- Categories
- Environment
- Region
- Sub-Saharan Africa
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OPEC Fund Provides $50 Million Loan to Vietnam’s SeABank for Small Business and Climate Financing
In a statement on Monday, SeABank said the loan can help it increase lending to micro, small, and medium-sized enterprises, which account for around half of employment in Vietnam but continue to face a significant financing gap.
- Categories
- Finance
- Region
- South Asia
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ADB, HDBank Sign $100 Million Loan to Expand Access to Finance for MSMEs, Women-Owned Businesses in Viet Nam
The financing will support HDBank’s medium- to long-term lending, with at least 40% of ADB’s financing directed to WMSMEs to provide more opportunities for women business owners. Proceeds will be on-lent to eligible MSMEs in line with HDBank’s sustainable finance framework, expanding support for underserved segments.
- Categories
- Finance
- Region
- South Asia
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