UNCDF and the OPEC Fund for International Development Sign Agreement to Collaborate on Sustainable Finance Solutions
A Memorandum of Understanding between the two development organizations signed this week reflects the shared vision of UNCDF and the OPEC Fund to help people to rise out of poverty and achieve sustainable lives.
Philippines: BSP Backs Use of Satellite Technology to Boost Financial Inclusion, Disaster Resilience
The Bangko Sentral ng Pilipinas said the use of satellite technology to expand broadband services would boost financial inclusion, as well as help banks in remote areas improve disaster resiliency.
Nepal: World Bank Provides $150M to Strengthen Country's Financial Sector
The credit aims to strengthen financial sector stability, diversify financial solutions, and increase access to financial services in support of Nepal's green, resilient, and inclusive development.
GGF and MF Banka Boost Green Finance in Bosnia and Herzegovina
A senior loan of EUR 5 million will be on-lent by the bank to businesses that want to implement energy efficiency and resource efficiency measures, as well as small scale renewable energy projects.
Pakistan: ACCA, PITB Join Hands to Increase Financial Inclusion
The goal of the collaboration is to work jointly mainly on financial inclusion, financial literacy of Punjab Information Technology Board incubation wing startups and awareness for the stakeholders of the Association of Chartered Certified Accountants.
ADB and HSBC India Establish $ 100 M Guarantee Plan for Microcredit
The program will help women running small businesses and microfinance institutions lending after the pandemic.
IFC and Santander Brasil to Expand Access to Finance for Smaller Healthcare Providers, Boosting Brazil’s Health System
The $150 million financing package will allow the bank to expand its financing to doctors and healthcare micro, small, and medium enterprises for working capital and purchase of medical equipment.
Symbiotics to Manage an Impact Private Debt Mandate for Pensioenfonds Detailhandel
The portfolio will invest in small and medium enterprises and through microfinance in themes such as climate and energy, education and healthcare.
New: Gender-Aware Supervision Toolkit to Assist Financial Supervisors With Integrating Gender Dimensions Into Their Practices
The toolkit, First Step: Integrating Gender into Technology-Enabled Financial Sector Supervision, is intended to help supervisory authorities at all levels of gender-awareness.
BlueMark Raises $3.75 Million to Drive Greater Adoption of Impact Verification and Strengthen Trust in Impact Investing
Funding includes a $2.25 million equity investment from Ford Foundation and Radicle Impact, $1.35 million in recoverable grants from The Rockefeller Foundation and an additional grant from the Tipping Point Fund on Impact Investing.