The OPEC Fund for International Development, a multilateral development finance institution headquartered in Vienna, Austria, expanded its new commitments to US$1.7 billion across 55 projects globally in 2023, providing funding to address climate...
The Asian Development Bank (ADB) and the Japan International Cooperation Agency (JICA) have signed an agreement to establish the Leading Asia’s Private Infrastructure Fund 2 (LEAP 2) with capital of up to...
The Asian Development Bank (ADB) approved a $1 billion loan to help establish a city-wide public transport project in Davao City, the first project in the country to deploy electric...
The Republic of Korea’s Ministry of Economy and Finance has pledged $3 million to expand the ADB Ventures Seed program which provides catalytic funding to early-stage companies with tech-enabled solutions...
The Asian Development Bank (ADB) announced the Innovative Finance Facility for Climate in Asia and the Pacific (IF-CAP), a landmark program which could significantly ramp up support for the region...
The Bloomberg Philanthropies and Goldman Sachs-backed Climate Innovation and Development Fund has completed its first set of blended-finance investments focused on innovation across the sustainable transport sector in each of...
The Asian Development Bank (ADB) mobilized a $135 million financing package for VinFast Trading and Production Joint Stock Company for manufacturing Viet Nam’s first fully-electric public transport bus fleet and first national electric vehicle charging...
The Bank for International Settlements (BIS) launched on Friday a new fund investing in Asian green bonds to help finance projects to combat climate risks in one of the world’s...