Tag: Climate Change
EDB plans $10.9bn spend for next five years
2022-2026 strategy represents a tripling of investment portfolio and project financing.
Asia Development Bank proposes new type of SDG bonds
New report proposes innovative accelerator bonds to help developing nations access green finance.
New CDB president aims to double project financing
President Dr Gene Leon warns Caribbean Development Bank must expand to stay relevant.
South Korea backs AfDB with $600m for energy projects
New co-financing deal will focus primarily on renewable energy across Africa.
Major differences revealed in rich and poor country climate spending
$66bn MDB climate financing takes different directions in low and high income countries.
MDBs invested $66bn in climate funding in 2020
Significant rise in funding revealed despite a drop in allocations for lower income countries.
G7 proposes major international infrastructure push
Global development plan would counter Chinese influence but commitments have yet to be made.
$1bn programme targets high emission industrial sectors
EBRD and CEF launch low-carbon adoption fund across seven countries.
IEA commends Spain’s energy transformation policies
New review commends national ambition but warns transport and construction must improve.
AfDB and EBRD collaborate on African development gap
Two banks plan to catalyse investment amid $2.5tn funding shortfall.
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