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Press Release: The Rockefeller Foundation Launches New Climate and Resilience Initiative; Commits An Initial $8 Million To Continue Supporting Global Network Of Cities And Chief Resilience Officers
The first commitment of this initiative is an initial $8 million to continue supporting the work of Chief Resilience Officers (CROs) and member cities within the 100 Resilient Cities (100RC) Network.
- Source
- Press Release
- Categories
- Environment, Investing
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Building an Ecosystem to Save an Ecosystem: How Facilitating Climate Finance for MSMEs Can Fight Global Climate Change
Climate finance has become a buzzword for micro, small and medium enterprises (MSMEs) working on climate solutions. But with the unique challenges these enterprises face, it has become increasingly clear that the global development community will need to reimagine the entire ecosystem in order to get them the funding they need. Santosh Kumar Singh and Ankit Gupta at Intellecap discuss the obstacles to climate finance for MSMEs, and how best to overcome them.
- Categories
- Environment, Investing
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Press release: Aligned Intermediary awarded grant to support Climate Finance Partnership
The consortium has jointly committed to develop a flagship blended private infrastructure equity fund for climate infrastructure projects and companies in emerging markets. The fund aims to be one of the biggest blended vehicles to-date targeting climate-related investments in developing countries.
- Categories
- Investing
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The Winds of Change: Mobilizing Microfinance for Climate Change Resilience
Though the world is slowly taking action on climate change, much of the debate still focuses on mitigation. In fact, adaptation – becoming resilient to the changes to come – is equally important, say Daniel Rozas and Sam Mendelson at e-MFP. They explore how the financial inclusion industry can help vulnerable communities develop resilience to the disruptions of climate change, and to adapt to permanently changed environments. This year’s European Microfinance Award aims to inspire the sector to make this fundamental shift – interested providers can apply for the €100,000 award until April 9, 2019.
- Categories
- Environment, Finance
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European Microfinance Award 2019 Focuses on How Financial Inclusion Sector can Strengthen Resilience to Climate Change
The European Microfinance Award 2019 seeks to highlight organisations active in the financial inclusion sector that provide financial and non-financial products and services aimed at strengthening the resilience of vulnerable communities to the effects of Climate Change.
- Categories
- Finance
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World Bank urges spending on ‘climate-friendly’ infrastructure
Spending an average of 4.5% of GDP on ‘climate-friendly’ infrastructure could help developing countries achieve the Sustainable Development Goals.
- Categories
- Environment
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Sustainable Finance Is Growing in the World’s Worst-Polluting Country
Being an impact investor in China isn’t as lonely as it used to be, says Zhang, whose firm has made or facilitated more than $200 million in China-focused environmental and social investments over the past decade. They include projects to develop clean refrigeration technology and to convert agricultural waste into cooking charcoal.
- Categories
- Environment, Investing
- Region
- Asia Pacific
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India sees encouraging rise of green finance
With about 1.2 billion more people expected to live in Asian cities in 35 years, the cities have the potential to attract more than USD 20 trillion in climate-related investments in six key sectors by 2030, according to a recent report by International Finance Corporation.
- Categories
- Environment, Finance
- Region
- South Asia
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