Tag: International Development
What is the G7 infrastructure plan?
In 2021, G7 leaders announced plans to develop a collective global infrastructure plan. At their 2022 summit this weekend they set out some details of that $600bn programme.
AfDB’s Lamin Barrow: Infrastructure faces “huge financial gap”
Lamin Barrow, the African Development Bank’s director general for its Nigeria Country Department, has told Africa’s infrastructure industry that there is a financing gap across the continent of almost $100bn per year.
Latin America launches cross-border project investor hub
The Inter-American Development Bank (IDB), Brazilian Development Bank (BNDES), National Works and Public Services Bank of Mexico (Banobras) and the Latin American Association of Development Financing Institutions (ALIDE) create hub for investors.
AFD’s Emeline Oudin sets out clear ESHS requirements
France’s international development agency has put significant sustainability and social clauses into contracts for its €12bn per year projects.
World Bank: $30m investment in Marshall Island climate resilience
New project will improve climate resilience and safety of densely populated urban areas amid severe risks from climate change.
ADB plans $18bn of policy-based lending
Asian Development Bank has raised its lending limit for 2022-2024 to $18bn as it responds to global crisis and climate change.
EBRD provides next €45m for Corridor Vc Bosnia highway
European Bank for Reconstruction and Development provides latest grant to Corridor Vc for construction works on two motorway sections.
EBRD funds Poland’s biggest solar PV plant
As Poland faces Russian moves to cut off gas over the country's support for Ukraine, the need to strengthen Poland’s energy security is acute.
V20 Seeks fit-for-all climate funding
Finance ministers from the V20 Group of climate vulnerable nations have called for improvements to the global financial system.
ADB raises $4bn and forms ILX partnership
Asian Development Bank (ADB) issues three-year bond worth $3bn and a 10-year bond worth $1bn, and partners with ILX Management to scale up private sector climate investment.
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