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Category: Emerging Markets
At COP29 in Baku, Azerbaijan, IBM and Sustainable Energy for All (SEforALL) announced new AI-powered tools designed to guide sustainable urban development globally. These tools, launched as part of the...
At COP29 in Azerbaijan, a significant early pledge emerged as major development banks, including the World Bank, committed to raising climate finance to $120 billion annually by 2030. This figure...
Key Impact Points: Global Decarbonisation Slows Fitch Ratings’ latest report reveals that despite progress in advanced economies, the overall pace of global decarbonisation remains alarmingly slow. World CO2 emissions rose...
Key Impact Points: The Asian Infrastructure Investment Bank (AIIB) has announced a significant commitment of $100 million toward climate transition investments in emerging Asia. This includes $75 million allocated to...
Driving Sustainable Growth in Emerging Markets The International Finance Corporation (IFC), a member of the World Bank Group, and HSBC Asset Management (HSBC AM) have deepened their partnership by establishing...
The World Bank Group and partners launched the Sustainable Finance Knowledge Center for Francophone Africa. This virtual platform, available in English and French, is designed to empower companies and financial...
Brookfield Asset Management has secured $2.4 billion in the initial closing of the Catalytic Transition Fund (CTF), moving closer to its goal of raising $5 billion. The fund is aimed...
IFC issues a 2.6 billion Swedish krona green bond to promote blue finance in emerging markets. The $243 million bond will finance ocean-friendly projects and improve access to clean water...
The European Investment Bank (EIB) and the Development Bank of Southern Africa (DBSA) have increased their support for private sector renewable energy projects, boosting their combined financing to €600 million...
The EU and Angola have officially launched the Sustainable Investment Facilitation Agreement (SIFA), marking a significant step in fostering sustainable economic growth. This is the first-ever investment facilitation agreement by...
The International Finance Corporation (IFC) and Citi have unveiled a $2 billion program to bolster sustainable supply chain finance in emerging markets. The initiative, starting with a $500 million facility...
Sirona Technologies, co-founded by a former Tesla engineer, has raised a €6 million seed round to tackle the ambitious goal of removing CO2 from the air on a massive scale....
In recent years, leaders in climate-vulnerable countries have reinforced the call for urgent climate action: earlier this year through the Bridgetown Initiative 3.0 and the Vulnerable 20 (V20) Ministerial Dialogue...
The International Finance Corporation (IFC) and the IFRS Foundation have signed a strategic partnership to strengthen sustainable capital markets by improving sustainability and climate reporting in emerging markets and developing...
British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, has committed $75 million to the second Green Basket Bond arranged by Symbiotics Investments, a leading emerging...
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