The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) Launches Bespoke Climate Change Policy & Environmental, Social, and Governance (ESG) Framework at Conference of the Parties (COP 28)
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (https://ICIEC.IsDB.org), a multilateral credit and political risk insurer and a member of the IsDB Group, proudly announces the unveiling of its Climate Change Policy and Environmental, Social, and Governance (ESG) Framework during COP28. The momentous launch was graced by H.E. Dr. Muhammad Sulaiman […]
Conference of Parties (COP 28): European Investment Bank and AllianzGI announce new capital commitments to the Emerging Market Climate Action Fund (EMCAF)
New capital commitments from the United Kingdom and German governments; The fund invests in green transition funds and projects in emerging and developing markets worldwide; Launched at COP26, EMCAF has already invested more than $100 million in five funds over two years; EMCAF on track to hold its third close at €385 million in the […]
Conference of the Parties (COP 28): European Investment Bank (EIB) Global co-signs Joint Declaration on the Just Transition Investment Platform for North Macedonia
The declaration brings together partners to help the country mobilise investments, policy support and technical assistance to accelerate the energy transition and meet its climate and development goals; EIB Global (https://www.EIB.org) will help accelerate its implementation through enhanced technical support and financing; in 2023, the Bank has invested over €100 million to support green projects in North […]
Conference of the Parties (COP 28): Multilateral Development Banks boost joint action on climate and development
Multilateral Development Banks (MDBs) have published a joint statement (https://apo-opa.co/3QZQ21a) where they present concrete and urgent actions to scale up finance and enhance climate outcomes measurement, strengthen country-level collaboration, and increase co-financing and private sector engagement. The announcement comes as world leaders are gathering at the COP28 United Nations Climate Change Conference in Dubai, United […]
Conference of the Parties (COP28): European Investment Bank to co-finance climate action projects with the Brazilian Development Bank, BNDES
European Investment Bank (EIB) (EIB.org) Vice-President Ambroise Fayolle and President of the Brazilian Development Bank (BNDES) Aloizio Mercadante signed a memorandum of understanding today at COP28 in Dubai, to explore co-financing opportunities in the renewable energy, environment and social sectors in Brazil, including in the Amazon region. The memorandum of understanding will strengthen coordination between […]
Blue Mediterranean Partnership steps up support for sustainable blue economy
Blue Mediterranean Partnership to support transition to a sustainable blue economy in the Mediterranean region; Partnership to start operating in early 2024; Partners aim to mobilise at least €1 billion in investments. At COP28 (www.COP28.com), partners and donors involved in the Blue Mediterranean Partnership reinforced their support for developing the sustainable blue economy in the southern […]
OPEN STARTUP: Successful kick-off of the 1st cohort of the OST Program Senegal with 18 Dynamic Startups in Dakar
DAKAR, Senegal, 4 December 2023 -/African Media Agency(AMA)/-Open Startup, a regional organization fostering innovation and entrepreneurship, is thrilled to announce the successful conclusion of the OST Program Senegal Bootcamp, held at La – DER, Dakar, Senegal, on November 18th and 19th. The Bootcamp marked a significant milestone as the first-ever implementation of the OST Program in […]
European Investment Bank and Bank of Kigali outline EUR 100 million plan to enable Rwandan farmers adapt to climate change
New agriculture and agri-business climate finance to support farmers and agri-businesses prepare for extreme weather, increased drought and increased rains; largest ever EIB (https://www.EIB.org) backing for business investment in Rwanda; initiative to increase access to climate finance by women owned businesses; new partnership announced at COP28 as a model for climate action helping vulnerable smallholders Farmers […]
Rwanda Climate Finance Partnership Powers Innovative Climate Action
The Rwanda Climate Finance Partnership, which was launched at the Paris Summit for a New Global Financing Pact, will further power innovative climate action thanks to additional contributions from the Government of Rwanda. The partnership is supported by Agence Française de Développement (AFD), the European Union and Team Europe, the European Investment Bank (EIB) (EIB.org), […]
European Investment Bank Group and Mission Innovation team up to accelerate clean energy innovation
The European Investment Bank (EIB) Group (www.EIB.org), which consists of the European Investment Bank and the European Investment Fund, and Mission Innovation are joining forces to support clean energy innovation worldwide. The announcement of the new partnership was made at a joint event at the United Nations Climate Change Conference COP28 in Dubai. Building new […]
