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Impact Manager Acre Raises $100 Million for African Climate Infrastructure
Typically, export credit agencies guarantee up to 85% of loans and require the rest to be raised privately, yet banks' willingness to fund the remainder has declined as such projects carry a higher capital charge and can be hard to reinsure.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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Press Release: Penultimate UN Talks on Global Plastic Pollution Treaty Will Make or Break the Treaty: WWF
WWF calls on governments to prioritize banning the most harmful and avoidable plastics; establishing global requirements on product design and performance to ensure reduction, reuse and safe recycling for all plastic products; and putting in place a robust financial mechanism.
- Categories
- WASH
- Region
- Global
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‘World’s Most Comprehensive’ Health Database Opens to LMIC Researchers
The UK Biobank, a large-scale biomedical database containing health and lifestyle information from half a million individuals, has created a new fund allowing researchers from low- and middle-income countries to access its data.
- Categories
- Health Care
- Region
- Global
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Pula Raises $20 Million Series B to Provide Agricultural Insurance to Farmers in Africa, Asia and Latam
Global investment manager BlueOrchard led the round through its InsuResilience strategy, which aims to provide access to climate insurance to vulnerable people in emerging markets.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Tanzania Receives Electric SGR Trains From South Korea
The locomotives, acquired from Hyundai Rotem in South Korea, can carry up to 589 passengers and travel at average speeds of 160km per hour.
- Categories
- Environment, Technology, Transportation
- Region
- Sub-Saharan Africa
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Cancellation of UN Climate Weeks Removes Platform for Worst-Hit Communities
The UNFCCC has said it will not hold regional climate weeks in 2024 due to a funding shortfall – which means less inclusion for developing-country voices.
- Categories
- Environment, Investing
- Region
- Global
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Apple Made $14 Billion Worth of IPhones in India as It Shifts Away From China
The smartphone giant has been cutting its reliance on China as geopolitical tensions fester.
- Categories
- Technology
- Region
- Asia Pacific
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Press Release: Viewpoint: Income Inequality High or Rising in 60 Percent of Countries With Loans From IMF and World Bank
Income inequality is high or increasing in 60 percent of low- and middle-income countries receiving grants or loans from the International Monetary Fund (IMF) and World Bank.
- Categories
- Investing
- Region
- Global
- Tags
- global development, SDGs