IFC supports green projects in Azerbaijani Manat with $20m bond
The International Finance Corporation (IFC), a member of the World Bank Group, has issued a four-year bond…
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climate finance
Italy, AfDB sign €400-m climate finance deal
Italian state lender Cassa Depositi e Prestiti (CDP) and the African Development Bank (AfDB) have signed a €400…
COP29 concludes with $300b climate finance deal
The COP29 climate summit concluded on Saturday by adopting a New Collective Quantified Goal (NCQG) on climate…
ADB expands climate lending with US, Japan guarantees
The Asian Development Bank (ADB) announced a $7.2 billion boost in climate lending, backed by the United States and…
IFC, Axis Bank launch $500m blue finance initiative in India
The International Finance Corporation (IFC) has partnered with Axis Bank to provide a $500 million loan aimed at…
Global climate finance reaches $125b in ’23
Multilateral development banks (MDBs) announced that their global climate finance reached a record $125 billion in…
WB achieves record $42.6b in climate finance for FY ’24
The World Bank (WB) has announced a record $42.6 billion in climate finance for fiscal year 2024, marking a 10 per…
UAE’s $30b climate fund gears up for new investments
The United Arab Emirates' $30 billion climate finance fund, Alterra, is preparing for its next investment phase…
Egypt’s private sector attracts $10.3b investments in 4 years
Egypt has facilitated $10.3 billion in funding and investments for the private sector over the past four years,…
British lender announces $100m financing pact for Africa
British International Investment, a development lender, announced a $100 million financing agreement with TDB.
