Hydropower Sustainability Fund opens to grant applicants

Hydropower Sustainability Fund opens to grant applicants

Hydropower project developers and operators can apply for funding to for an independent assessment of a project’s sustainability performance. With hydropower still the largest source of installed renewable energy capacity on Earth, the Hydropower Sustainability Fund...
ADB: $150m to design bankable projects in Indonesia

ADB: $150m to design bankable projects in Indonesia

First of its kind green finance mechanism will generate new bankable projects that meet climate and SDG ambitions.  The Asian Development Bank (ADB) has approved a $150m loan to accelerate Indonesia’s economic recovery by catalysing support for ten green and bankable...
Answers sought to Africa’s infrastructure challenges

Answers sought to Africa’s infrastructure challenges

Leaders from across the African infrastructure sector launch call for papers, seeking expert insights and research ahead of continental conference. As hundreds of industry and policy leaders prepare to meet in Lagos this spring to address Africa’s infrastructure...
EU Sustainable Finance Taxonomy attacked over nuclear and gas

EU Sustainable Finance Taxonomy attacked over nuclear and gas

The new rules may be the most ambitious action ever taken on climate change but inclusion of some gas and nuclear power proves controversial. The least contentious parts of the EU’s Sustainable Finance Taxonomy had already come into force. So how has such an ambitious...
EBRD and ILX form €500m climate and SDG partnership

EBRD and ILX form €500m climate and SDG partnership

EBRD committed to mobilising more private sector finance, with ILX becoming a key partner in catalysing new investment from pension funds. The European Bank for Reconstruction and Development (EBRD) and ILX Management (ILX) have agreed a partnership to mobilise €500m...
IDB: Record $23.4bn in financing approvals in 2021

IDB: Record $23.4bn in financing approvals in 2021

Major increase over projections includes record private finance mobilisation and climate finance. The Inter-American Development Bank (IDB) and its private-sector arm, IDB Invest, achieved nearly $23.4bn in new financing approvals, commitments and private-sector...