Tag: Green investment
Coal-powered energy heads for record highs
Major rebound in global energy demand not being met by renewables, says IEA.
Decarbonising Latin American and Caribbean economies will create 15 million jobs
IDB study finds that every dollar invested in greening economies repays four dollars.
IEA commends Portugal’s energy investment
Agency commends cuts to fossil fuel dependence, its approach to sustainability in its recovery stimulus, and early work towards hydrogen power.
Green Climate Fund commits $500m to four projects
Four new climate projects will mobilise $3bn for climate action in Africa, Asia, and Latin America.
AIIB partners with Global Infrastructure Bank
Partnership provides AIIB clients with access to GIF funds, knowledge and expertise.
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.
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.
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