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Press Release: British International Investment and Symbiotics Strengthen Partnership With Launch of Second Green Basket Bond Across Asia and Africa
Following the successful launch of the first green basket bond in 2022, the new issuance will increase financing to small-scale green projects and businesses, funded through micro, small and medium enterprise (MSME) lenders across Africa, South and South-East Asia.
- Categories
- Agriculture, Energy, Environment, Investing, Technology, Transportation
- Region
- Global
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IMF Approves Over $900 Million to Support Tanzania Budget, Climate Change Fight
The funding will help tackle climate change while also completing a separate review allowing for the disbursement of $149.4 million for budget support.
- Categories
- Environment, Finance
- Region
- Sub-Saharan Africa
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IFC Invests $100 Million in CitySavings’ Social Bond in the Philippines
Proceeds from the social bond will be used for loans to women in low and lower-middle-income groups.
- Categories
- Investing
- Region
- South Asia
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Transparent Sustainability: A Free Tool Aims to Empower Retail Investors to Align Their Investments with Their Convictions
The growing demand for sustainable investments has brought a greater degree of scrutiny to the industry, as it attempts to address rising concerns about greenwashing. But as Shaan Madhavji and Anna Helena Chaim at Impaakt point out, many investors still have a lack of knowledge about the true impacts of their investments. They explain how Impaakt's free “How Sustainable to Me?” tool provides retail investors with transparent impact data that allows them to align their investments with their values.
- Categories
- Environment, Investing
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Three Things to Know About Rwanda’s €200 Million Deal with JPMorgan Chase
Rwanda mobilised the funding under a new form of long-term commercial loan that is provided by JPMorgan Chase Bank and partly guaranteed by the African Development Fund (ADF).
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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African Development Bank Provides Malawi with $22 Million to Combat Climate Vulnerability
This grant, awarded via its African Development Fund (ADF), will be invested in agriculture.
- Categories
- Agriculture, Environment
- Region
- Sub-Saharan Africa
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Reversing Climate Change is Possible — But First, We Need to Democratise Climate Finance
Much of the current conversation around climate change focuses on the obstacles that make the problem so difficult to solve. But according to Kevin Kyer at Pyrpose, there are signs of hope, as a growing, global sense of urgency around the issue is driving consumers to embrace sustainable products and behaviors. He explores how emerging technologies and businesses are helping to reduce Co2 emissions — and how platforms like Pyrpose can help mobilize climate-conscious investors to direct climate finance to the most vulnerable parts of the world.
- Categories
- Environment, Investing
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Kubik Reportedly Becomes First Ethiopian Company To Earn A Multi-Million-Dollar Investment In Climate And Sustainability Solutions
Ethiopian sustainable tech startup Kubik has scored a first for the country: According to a press release sent to AFROTECH, it has raised $5.2 million in a seed round.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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