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African Development Bank Kicks off Creation of Four Green Banks in Africa
The African Development Bank (AfDB) has started creating four green banks in Africa to mobilise up to $1.5 billion by 2030 towards green financing.
- Categories
- Environment
- Region
- Sub-Saharan Africa
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UAE President Announces $30 Billion Fund to Bridge Climate Finance Gap
The fund aims "to steer private markets towards climate investments and focus on transforming emerging markets and developing economies."
- Categories
- Environment
- Region
- Global
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Press Release: COP28 Galvanizes Finance and Global Unity for Forests and the Ocean
H.E. Razan Khalifa Al Mubarak, UN Climate Change High-Level Champion for COP28 unveils $1.7 billion in nature conservation finance.
- Categories
- Environment
- Region
- Global
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Analysis: Small-Scale Farmers Receive 0.8% of Climate Finance Despite Providing a Third of Our Food Supply
Small-scale farms make up 84% of the world’s 570 million farms and control 12% of total agricultural land. In South Asia and sub-Saharan Africa, MSMEs are responsible for 65% of all food produced.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
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Press Release: Arab Coordination Group Pledges US $50 Billion for African Development
Many countries in Africa are particularly vulnerable to climate change, making strengthening climate resilience and adaptation an urgent priority.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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Press Release: The Rockefeller Foundation Announces Over USD 11 Million Towards Climate Solutions
First round of funding from the Foundation’s USD 1 billion climate strategy goes to 25 grantees to improve global food and health security, curb coal, increase solar energy access, and more.
- Categories
- Environment, Health Care
- Region
- Global
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Filling This ‘Forgotten Element’ of the Energy Transition Is Critical to Net Zero
The pipeline of investable renewable energy and low carbon infrastructure projects in developing nations needs to be up to nine times larger, warns the Tony Blair Institute for Global Change.
- Categories
- Energy, Technology
- Region
- Global
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Scaling Climate Finance for Smallholder Agriculture: Lessons Learned from Partnering with Farmer-Allied Businesses
Small-scale agriculture supports the livelihoods of more than 600 million families and generates over 40% of jobs in Asia and sub-Saharan Africa. Yet as Elizabeth Teague at Root Capital points out, agricultural livelihoods are highly vulnerable to climate change, and smallholder farmers receive just 1.7% of global climate financing. She discusses how Root Capital is working with farmer-allied enterprises to help close this gap, sharing what they’ve learned about how to design and scale climate financing for smallholder communities.
- Categories
- Agriculture, Environment, Investing
