The EDFI Management Company emerged from the Global Gateway Forum with three new mandates. The new facilities highlight the European Union’s shift away from grants and towards guarantees that can mobilise private investment. More
Details around the pipeline of MDB-backed debt-for-development swaps are emerging. With Cote d’Ivoire closing the first such deal and Angola set for its debut – can fiscal gains for cash-strapped developing countries result in genuine social dividends? More
The Inter-American Development Bank Group and the OPEC Fund for International Development have launched a $3 million facility to support project preparation for infrastructure across Latin America and the Caribbean. Signed in Riyadh during the 9th Future Investment Initiative, the agreement follows... More
The Islamic Development Bank and the Inter-American Development Bank Group have signed a memorandum of understanding committing $1 billion in financing over five years to support development in Suriname and Guyana. The renewed partnership will focus on inclusive and sustainable development,... More
The World Bank has approved a $60 million loan to the Republic of Congo for the Strengthening Urban Resilience Project aimed at reducing erosion and flood risks and improving climate-resilient infrastructure and services in Brazzaville and Pointe-Noire. The project is structured as a... More
EIB and Santander have closed a €569.5 million ($613 million) securitisation operation to finance green buildings and SME competitiveness in Spain. The deal will enable Santander to channel approximately €1.08 billion to support small businesses and mid-caps focusing on near-zero... More
PT Geo Dipa Energy, an Indonesian state-owned enterprise, has been accorded a $180 million loan from Asian Development Bank as second additional financing for the development of geothermal electricity generation in Indonesia. The loan will be used to complete construction and commissioning of... More
The African Development Bank Group has approved a $6 million grant to the African Risk Capacity to strengthen disaster risk management and financing in Africa over 2025-2026. The funding, provided through the Bank’s African Disaster Risk Financing Initiative, will support... More
The African Development Bank has approved $75 million in financing for Nyanza Light Metals to support the development of a titanium dioxide pigment plant in South Africa. The syndicated funding package includes $25 million from the Africa Growing Together Fund, a co-financing initiative with... More
IDB Invest has issued a PYG 240 billion (approximately $34 million) local bond, marking its largest and longest-tenor issuance in Paraguay’s capital markets. The six-year bond, placed with a diverse investor base including pension funds, insurance companies, and mutual funds, is the highest-value... More
Protecting ecosystems could unlock major gains in jobs, productivity, and fiscal resilience, according to a new Asian Development Bank report. The Asia-Pacific Climate Report 2025: Unlocking Nature for Development outlines a 10-year roadmap for integrating nature into economic and financial systems... More
The EIB has signed a €113 million ($122 million) lending facility with the Barcelona City Council, via the Municipal Institute for Housing and Renovation of Barcelona (IMHAB), to finance the construction of nine social housing projects in Barcelona. The scheme will support around 640 new... More
The European Investment Bank has signed a €90 million (about $97.9 million) loan with Finnish power producer Teollisuuden Voima Oyj to finance upgrades at two nuclear units at the Olkiluoto plant. The financing will fund the replacement of key reactor components and automation systems on Olkiluoto 1... More
Baltic Storage Platform has closed €85.6 million ($99 million) in project financing from the EBRD, Edmond de Rothschild Asset Management and the Nordic Investment Bank for the Hertz 1 and Hertz 2 battery energy storage projects in Estonia. The joint venture includes Corsica Sole, Evecon, and... More
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Full detailsJapan International Cooperation Agency (JICA) has secured $61.47 million in Green Climate Fund (GCF) financing for the Lao People’s Democratic Republic's REDD+ Results-based Payments for results period 2015 to 2018 – Governance, Forest Landscapes and Livelihoods – Southern Laos Project (GFLL-SL),... More
The Asian Development Bank has been appointed by the Ministry of Energy of Mongolia to provide transaction advisory services for the Stable Solar Energy project in Mongolia, comprising around 115MW of solar PV capacity and 65MW/237MWh of battery storage across Mongolia’s Western and Eastern... More
The Asian Infrastructure Investment Bank has signed agreements with Maybank, CIMB, AmBank and BPMB to jointly mobilise up to $6 billion for sustainable and technology-enabled infrastructure projects across ASEAN. Signed after the ASEAN Summit in Kuala Lumpur, the cooperation reflects... More
Mirova has attracted the UK Department for Environment, Food & Rural Affairs, Global Affairs Canada, and The Coca-Cola Foundation as new investors in its flagship sustainable land use strategy, bringing total capital raised for the second vintage to over €100 million (about $108 million).... More
ABN AMRO Sustainable Impact Fund has released its 2024 impact report, highlighting the deployment of up to €1 billion by 2030 through direct equity, fund investments and hybrid debt, including a commitment of €500 million to scalable climate solutions. The report details positive impacts across... More
Blueleaf Energy has agreed a $75 million financing facility to expand renewable energy capacity in India, targeting nearly 2GW of solar, wind and storage projects. British International Investment, the UK's development finance institution, is providing the financing, which will support the... More