MIGA issues US$98.3m guarantee to boost sustainable refinancing of solar power plants in Egypt
EGYPT – Virtuo Finance has secured US$98.3 million guarantee from Multilateral Investment...
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Tag: climate change
Climate change could trigger up to a 3% loss in Morocco’s GDP by 2050, new study finds
MOROCCO – Climate change could trigger up to a 3% loss in GDP by 2050, hindering Morocco’s...
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Nedbank to stop funding new coal mines beginning 2025
SOUTH AFRICA- Financial institution Nedbank, will stop financing new thermal coal mines from 2025...
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Visa Pledges to achieve net-zero emissions by 2040
WORLD – Global payments technology company Visa, has announced a new global commitment to...
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AfDB, Canada launch CAFC fund for climate change related projects
AFRICA – African Development Bank (AfDB) has signed an agreement with the Government of...
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MTN commits to zero greenhouse gas emissions by 2040 to contribute to a sustainable future
SOUTH AFRICA – Africa’s biggest mobile provider MTN, has committed to net zero greenhouse gas...
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Climate Investor Two secures US$23m from EU to support its climate change adaptation sectors
AFRICA – The European Union (EU) has committed EUR19.7 million (US$23.89m) to Climate...
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AfDB grants Burundi US$20m for climate resilience of farmers
BURUNDI – The African Development Bank (AfDB) has granted US$20.55 million to support...
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Green Climate Fund approves US$60m for climate change resilience projects in Africa
AFRICA – The Green Climate Fund (GCF) board of directors has released US$60 million for four...
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Global Center on Adaptation opens Africa office to boost fight against climate change
AFRICA – The Global Center on Adaptation, a global body that works towards creating a climate...
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AFD, AfreximBank launch finance facility to support climate change initiatives in Africa
AFRICA – Agence Française de Développement (AFD) and the African Export-Import Bank (AfreximBank)...
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Delta Airlines to invest US$1bn on carbon emissions reduction, sustainability
UNITED STATES – United States carrier, Delta Airlines, has said that it will be committing...
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