All News and Announcements
Africa: The Italian CDP Lends EUR100M to the AFC to Finance the Ecological Transition
The pan-African financial institution will use the funds to finance the green transition through sustainable infrastructure in Africa.
New Parametric Microinsurance Products Launched to Cushion Impact of Climate Change in Fiji
Both products offer combined insurance cover against heavy wind and rainfall and are designed to offer immediate financial support after extreme weather events.
IFC and Banco BV Partner to Boost Climate-Smart Vehicles in Brazil
The project aims to widen access to finance for the purchase of these vehicles and help strengthen the country's climate finance market, mitigating climate impact and supporting economic recovery in the country.
HEDERA Sustainable Solutions Launches a Survey to Assess Green Microfinance in the MENA Region
The survey aims to gain a better understanding of the sector’s current level of development, MFIs’ green microfinance needs, and the extent to which MFIs are complying with local and international standards and regulations.
AFC Increases the Share of Energy Efficient Mortgage Loans in Armenia
More than 40 percent of the loan amount was allocated to energy efficient housing projects, i.e. purchase of new energy efficient apartments, as well as individual house constructions and renovations.
Symbiotics Launches $5M Green Bond in Ecuador With FACES
With the issuance of this Green Bond, FACES will finance entrepreneurs engaged in sustainable agriculture, animal husbandry and fishery, as well as aquaculture related activities, contributing to the environmentally sustainable management of living natural resources and land use in Ecuador.
New Climate Finance and Energy Innovation Hub to Accelerate Access to Clean and Affordable Energy Throughout the Global South
Designed as a global end-to-end policy and finance platform, the Hub will harness the power of financial innovation to ensure maximum leverage.
Symbiotics Launched Two Green Bonds of $17 Million in Africa With Sun King
The green projects that will be financed belong to the renewable energy category, in particular solar kits.
British International Investment and Symbiotics Partner to Launch First-ever Green Basket Bond Across Africa, South and Southeast Asia
The green lending program will direct much-needed financing to small-scale green projects across Africa, South and Southeast Asia through local MSME banks.
AFC Offers Its E-Learning Course on Climate Finance, Resilience and Financing for Biodiversity Impact in East Africa
Through this course, bank staff learn about climate risks and opportunities, methods to assess climate risk and offer biodiversity or nature-based adaptation and mitigation solutions to climate proof their clients and reduce the bank’s exposure to climate risk.