DFIs need to look beyond their comfort zones by working more proactively in the world’s lowest income countries. Their support for transition technologies in high-income markets suggests they should be able to adapt. More
Equinor and Polenergia have closed a landmark project financing for Baltyk 2&3 amid a flurry of activity in the offshore wind sector. Poland has big ambitions to establish a major energy portfolio in the Baltic Sea, and soaring input costs have not seriously undermined deal flow in an industry that... More
EIB has signed agreements with Buenavista Infrastructure and Arcano Partners to channel a total of €410 million ($480 million) to new urban development projects, including those promoting affordable housing and others related to sustainable tourism.The agreements were made possible by a... More
The Green Climate Fund (GCF) has approved $200 million for a new Asian Development Bank-led programme which aims to unlock large-scale public and private investment in high-impact and emerging clean energy sectors in India.The concessional funding will support ADB’s India Green Finance... More
EIB and Spain's ULMA Group have signed a €45 million (over $52 million) loan to finance the company's innovation and sustainability activities. Among ULMA's nine business lines, the manufacture of equipment, innovative materials and other solutions for the construction sector... More
EIB has signed a €74 million (about $87 million) loan with the government of the Spanish region of Castilla y Leon to co-finance rural and agricultural and forestry sector investment.This is the first tranche of total approved EIB financing of €245 million. The funds will provide support... More
Impact asset manager responsAbility Investments has appointed Nadia Nikolova as the company’s new CEO.She will take office on 1 September 2025, joining from Allianz Global Investors, where she was head of direct lending, responsible for managing private credit teams across Europe and Asia.... More
AIIB has approved a $100 million loan to Banco Sicredi, Brazil’s first cooperative bank, to support the expansion of small-scale solar energy solutions for households and SMEs across the country.This initiative is expected to help make electricity more affordable for small-scale consumers... More
The World Bank has approved a $1 billion Development Policy Operation (DPO) to support Ethiopia’s transition toward a more inclusive and private sector–led growth model. The Second Sustainable and Inclusive Growth DPO builds on an earlier operation approved in July 2024, providing... More
The National Wealth Fund has announced a £28.6 million (about $38 million) equity investment in Peak Cluster to support the development of a planned carbon dioxide transport pipeline.The investment is the cornerstone of a £59.6 million equity raise, which also includes investment through... More
ADB has approved a $65.8 million financing package for the Sustainable Agrifood Systems Sector Project. The project will improve climate resilience, food security, nutrition, and incomes of vulnerable households and communities. It will also strengthen agrifood systems geared toward domestic... More
CEB and NRW.BANK have signed a €125 million loan agreement as part of their joint financing efforts to improve accommodation for refugees in North Rhine-Westphalia.The new CEB loan complements an initial €200 million loan signed exactly two years ago on 4 July 2023, and brings the total... More
The Green Climate Fund has approved a record volume of climate finance for developing countries, green-lighting 17 new projects for climate action around the world. The $1.225 billion total is the largest amount approved at a single board meeting, during a year in which the fund is scaling up... More
A number of wealthy creditor nations and multilateral lenders have launched an initiative that aims to give sovereign borrowers breathing space on debt payments in the event of a climate or humanitarian crisis.The Debt Suspension Clause Alliance was launched during a UN conference in Seville - a... More
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Connecting Innovators in Development Finance - Your 2025 Networking Gateway For The APAC Region
Full detailsUBS has announced that the SDG Outcomes Fund, developed by its UBS Optimus Foundation platform and impact specialist Bridges Outcomes Partnerships, has raised $100 million in commitments at its final close, reaching the initial fundraising target for the blended finance fund.The final close of the... More
IFC and IndiGrid are partnering to develop a 180MW/360MWh standalone battery energy storage system project in Gujarat, India. The project is designed to play a key role in supporting the state’s clean energy goals by enhancing grid stability and ensuring reliable power is available during peak... More
AfDB has approved a $50 million trade finance transaction guarantee facility to support to trade finance activities of Awash Bank in Ethiopia.This facility will enable AfDB to provide a guarantee of up to 100% to confirming banks for the non-payment risk arising from the confirmation of letters of... More
EIB is lending €20 million to Swedish sustainable-packaging company PulPac to tackle global plastic pollution. The financing will support development and commercialisation of a fibre-based technology developed by PulPac as an alternative to single-use plastics.Gothenburg-based PulPac is scaling... More
ECOWAS Bank for Investment and Development (EBID) has approved a total amount of €174 million and $125 million to finance projects aimed at stimulating economic growth and fostering industrialisation for the sub-region.The approved sums will go towards the following projects:A €50 million... More
IFC is investing up to $75 million in Colombia's Banco Finandina through a sustainability-linked loan. The operation aims to expand access to financing for hybrid and electric vehicles, as well as for MSMEs, with a special focus on women-led businesses. More