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Money Pouring Into Fossil Fuels Risks Climate Disaster, UN Report Warns
As the world fails to meet targets to curb climate change, over half of the 150 biggest financial institutions have no restrictions on financing oil and gas.
- Categories
- Energy, Environment
- Region
- Global
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Press Release: DFC Approves 11 Values-Based Investments Totaling Nearly $364 Million to Address Climate Change, Promote Gender Equity, and Improve Healthcare throughout the Developing World
The U.S. International Development Finance Corporation (DFC) Board of Directors has approved $245 million in investments this quarter that address the climate crisis through innovation and climate-smart urban infrastructure and elevate businesses with loans and professional business management practices throughout Africa.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Rethinking the Role of Business in Conservation: Why Small Local Enterprises are Key to Biodiversity and Climate Action
Climate change mitigation and adaptation are a key focus of attention in the global development sector. But according to Julia Rohe-Frydrych and Luis Ebert at adelphi, these discussions tend to overlook the conservation of the planet’s biodiversity, and they often fail to envision a role for the private sector that goes beyond providing climate finance. They argue that climate change and biodiversity loss are two sides of the same coin, and explore the importance of empowering local businesses that profit from the protection or restoration of nature.
- Categories
- Environment, Impact Assessment
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Press Release: Global Off-Grid Solar Market Report Indicates Need for Further Climate Investment To Achieve Universal Energy Access
As world leaders prepare to meet at COP26, GOGLA, the global association for the off-grid solar industry, along with Efficiency for Access Coalition, just published its latest semi-annual Global Off-Grid Solar Market Report.
- Categories
- Energy, Environment
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UK Announces £274 Million Boost to Climate Resilience Across Indo-Pacific
New UK finance through the CARA programme to help over 14 million people adapt to climate change, promote low carbon growth and protect the environment.
- Categories
- Environment
- Region
- Asia Pacific
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BlackRock Raises $673 Million for Climate-focused Infrastructure Fund
The world's largest money manager hopes the fund, announced on Tuesday and dubbed the Climate Finance Partnership, will show how to mobilize private capital in developing countries to tackle climate change, a sticking point at United Nations climate talks underway in Glasgow.
- Categories
- Environment
- Region
- Global
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ARM-Harith Launches $250 Million Climate Investment Fund in West Africa
Mauritius-registered infrastructure fund manager ARM-Harith Infrastructure Investments is launching a new fund. The facility, which will be capitalised at $250 million, will focus on financing climate-resilient infrastructure in West Africa.
- Region
- Sub-Saharan Africa
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Digital Finance for Climate Resilience: An Urgent Opportunity for Startups and Stakeholders in Emerging Markets
The consequences of climate change are no longer hypothetical scenarios or predictions – they are a global reality, and they’re getting worse, especially for the poor and vulnerable. But according to Malika Anand at BFA Global's Catalyst Fund, this crisis presents an opportunity for digital finance to power greater climate resilience. She explores several types of climate resilience solutions, and shares a framework to help both digital finance and climate stakeholders begin allocating more resources toward these solutions in emerging markets.
- Categories
- Environment, Finance, Telecommunications
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