This is IFC’s first blue investment in India and the first blue transaction by a financial institution in the country.

Global climate finance from multilateral development banks grew by 25 percent in 2023 to a record $125 billion, according to a report on Friday, with the fastest growth coming in richer countries.

Last call! Registration for Cracking the Nut 2024: Preparing for Accelerated Climate Change closes on Monday, September 23. 

IFC's financing is expected to help TBC Bank further grow its SME and climate finance portfolios. In addition, the project will help strengthen Georgia's climate finance market by promoting best practices in sustainable lending.

Mobilink Bank is actively promoting climate finance in Pakistan, enabling individual borrowers and SMEs to access financing for solar energy products.

The UNCDF designed the Local Climate Adaptive Living Facility (LoCAL) to help strengthen the resilience of vulnerable communities such as Saponé in the Centre-Sud Region, Loumbila in the Plateau-Central Region and Pabré in the Centre Region of Burkina Faso. 

The Government of São Tomé and Príncipe, in partnership with the United Nations Capital Development Fund, last week announced the launch of the Local Climate Adaptive Living Facility.

Make your voice heard at this year's Cracking the Nut Conference by submitting a proposal to present by Friday, June 21!

The Local Climate Adaptive Living Facility, which will deploy over USD15 million in climate finance will support the delivery of adaptation projects at the grassroots level and deliver on national commitments to build resilience to the escalating impacts of climate change.

The European Bank for Reconstruction and Development, alongside the European Union and the Green Climate Fund, has announced a financing initiative for Jordan's microfinance institution, Tamweelcom, under the Green Economy Financing Program.