All News and Announcements

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News

At COP28, Senegal Becomes 25th Country to Back Declaration for Simplified and Consistent Access to Climate Finance With LoCAL

The declaration adds momentum to ministers' repeated calls for increased adaptation finance for African nations, Small Island Developing Sates and Least Developed Countries.

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New Platform to Boost Environmental Impact Financing in Africa

The European Investment Bank and the Green Climate Fund have announced their collaboration in the Green and Resilience Debt Platform, a vehicle that aims to boost climate finance in Africa.

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Africa: The Italian CDP Lends EUR100M to the AFC to Finance the Ecological Transition

The pan-African financial institution will use the funds to finance the green transition through sustainable infrastructure in Africa.

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Symbiotics Launched Two Green Bonds of $17 Million in Africa With Sun King

The green projects that will be financed  belong to the renewable energy category, in particular solar kits.

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British International Investment and Symbiotics Partner to Launch First-ever Green Basket Bond Across Africa, South and Southeast Asia

The green lending program will direct much-needed financing to small-scale green projects across Africa, South and Southeast Asia through local MSME banks.

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AFC Offers Its E-Learning Course on Climate Finance, Resilience and Financing for Biodiversity Impact in East Africa

Through this course, bank staff learn about climate risks and opportunities, methods to assess climate risk and offer biodiversity or nature-based adaptation and mitigation solutions to climate proof their clients and reduce the bank’s exposure to climate risk. 

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Reducing Climate Risks - AFC Assists Malagasy to Insure Themselves Against Income Losses

The overall program objective is to increase the productivity of the participating actors in the agricultural value chains particularly affected by climate change.

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Symbiotics Launches $15 Million Green Bond for Greenlight Planet

Greenlight Planet will use the proceeds of the Green Bond to finance supplier advances, inventory and customer lease structures for pay-as-you-go solar home systems.

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UNCDF Is Boosting Financial Inclusion and Job Creation in Ghana Through Green Innovation Challenge

Applicants can be based anywhere globally, however solutions must focus on youth, women, returning migrants or MSMES in Ashanti and Western regions of Ghana.

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New IFC Initiative Helps Banks in Mexico, Philippines, South Africa, Egypt Scale Climate Finance

The program is designed to increase climate lending by participating banks in Egypt, Mexico, the Philippines, and South Africa to 30 percent of their portfolios by 2030.