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News
21 November 2024
in
Climate finance

X marks the spot... where COP29 climate talks fail

Hopes of a breakthrough at the deadlocked UN climate talks have been dashed after a new draft of a possible deal was condemned by rich and poor countries.Faith in the...

News
21 November 2024
in
Renewable energy

Azerbaijan completes first renewables auction

Azerbaijan has concluded its first renewable energy auction. The Ministry of Energy ran the auction, where Universal International Holding Limited submitted the lowest...

News
21 November 2024
in
Traditional energy

Spanish smart electricity grids to be expanded

EIB and Iberdrola have signed a loan of €500 million (over $525 million) within the framework of the Regional Resilience Fund to develop and expand smart electricity...

News
21 November 2024
in
Agriculture/food chain

ETG signs sustainability-linked syndicated loan

FMO and TDB have signed a syndicated $394 million sustainability-linked loan with ETC Group (ETG). The funding aims to support ETG’s working capital needs across...

News
21 November 2024

Quinbrook unveils new hires

Quinbrook Infrastructure Partners has appointed Hilkka Komulainen as its new Global Head of Sustainability and Impact.Komulainen succeeds Anne Foster in this global role...

News
21 November 2024
in
Climate finance, Renewable energy

IDB supports Colombia's just energy transition

IDB has approved a $138.5 million investment program to speed up Colombia’s just energy transition. The financing is accompanied by a $3.6 million technical...

News
21 November 2024
in
Finance and other

BNDES gets $690m from China in landmark loan deal

China Development Bank has agreed to lend CNY5 billion ($690 million) to BNDES.The three-year loan will support a BNDES credit line for projects in different areas, the...

News
21 November 2024
in
Finance and other

MDBs welcome G20 roadmap for reform

The heads of ten multilateral development banks have welcomed the endorsement by G20 leaders of the roadmap towards Better, Bigger, and More Effective MDBs. The...

News
21 November 2024
in
Traditional energy

Delgaz Grid gets EIB funds for electricity network upgrade

EIB is lending Romanian energy distributor Delgaz Grid €200 million (about $210 million) to upgrade the electricity network in the country’s northeastern...

News
21 November 2024
in
Agriculture/food chain, Traditional energy

Ukrainian businesses backed by new risk sharing facilities

IFC, DFC, and Raiffeisen Bank Ukraine have established two new risk sharing facilities (RSFs) totalling around $210 million-equivalent. The facilities are set to...

News
21 November 2024
in
Climate finance

Triodos commits €500m to nature-based solutions

Triodos Bank plans to invest at least €500 million in investments, loans and contributions to nature-based solutions by 2030 as part of its commitment to reaching...

News
21 November 2024

The US DFC meets its maker - again

Donald Trump might be an avowed America-first politician, and might have a deep suspicion of multilateral geopolitics. But his first term saw the creation of a powerhouse...

News
21 November 2024
in
Finance and other

CABEI executes new bond issuance in Costa Rica's capital market

CABEI has completed its ninth bond issuance in Costa Rica’s capital market, raising a total of CRC31.3 billion ($61.5 million).This issuance marks the bank’s...

News
21 November 2024

Croatian bank PBZ receives €169m EIB support

EIB Group is providing Croatian lender Privredna Banka Zagreb (PBZ) with up to €169 million to expand financing for a range of companies in the country.Under one...

News
21 November 2024

HBOR gets €200m from EIB

EIB is providing a €200 million ($210.5 million) loan to Croatia's HBOR to expand financing for a range of businesses in the country. The loan will enable...

News
21 November 2024

AfDB approves trade finance guarantee in Sierra Leone

AfDB has approved a $4 million trade finance transaction guarantee for Access Bank Sierra Leone (ABSL) to support SMEs and local firms in Sierra Leone.This AAA-rated...

News
21 November 2024

Banco Davivienda gets green, SME funding boost

IDB Invest provided a $50 million loan to Banco Davivienda Salvadoreno (Davivienda ES) through a mobilization conducted with Banco de Santander to boost green lending for...

News
20 November 2024
in
Climate finance

MDBs 'failing to attract enough private money in climate fight'

As officials from around the world strive this week to reach a deal on funding for poorer countries to tackle climate change, investment manager Rob Drijkoningen is the...

News
20 November 2024
in
Social infrastructure

EIB funds construction of Finnish schools

EIB is lending the Municipality of Tuusula in Finland €105 million (about $110 million) to construct school complexes, marking the bank's first venture with...

News
20 November 2024
in
Social infrastructure

BNDES funds export of Embraer jets to Paraguay

BNDES signed a deal with Paraguay's government to provide BRL600 million ($103.9 million) in financing for the export of six Embraer's Super Tucano fighter...