Tag : Green Climate Fund

IDB and IDB Invest Provided $26 Billion in Climate Financing over Five Years
Finance News

IDB and IDB Invest Provided $26 Billion in Climate Financing over Five Years

Fintech News Desk
by Fintech News Desk0
The Inter-American Development Bank (IDB) and IDB Invest, the IDB Group’s private-sector arm, provided more than $26 billion in climate financing for Latin America and the Caribbean between 2016 and 2021. This figure represents approximately 60% of all climate financing in the region from multilateral development banks during this period. Of the total, $8.3 billion went to climate......
Desert to Power G5 Sahel Financing Facility Receives $150 Million from Green Climate Fund
Finance Investments News

Desert to Power G5 Sahel Financing Facility Receives $150 Million from Green Climate Fund

Fintech News Desk
by Fintech News Desk0
The African Development Bank has welcomed $150 million investment in its Desert to Power G5 Financing Facility from the Green Climate Fund (GCF). The GCF approved the amount at its 30th Board meeting this week. Desert-to-Power is a flagship renewable energy and economic development initiative led by the African Development Bank. Its objective is to......
The Green Climate Fund Approves $170.9 Million in Co-financing for African Development Bank’s LEAF Program
Fintech News

The Green Climate Fund Approves $170.9 Million in Co-financing for African Development Bank’s LEAF Program

Fintech News Desk
by Fintech News Desk0
LEAF aims to unlock commercial and local-currency financing for decentralized renewable energy (DRE) projects in six program countries The Board of the Green Climate Fund (GCF) has approved $170.9 million in financing for the African Development Bank’s Leveraging Energy Access Finance Framework (LEAF) program. LEAF aims to unlock commercial and local-currency......
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