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The UAE’s banking sector to mobilize AED 1 tn in climate finance by 2030
56 UAE-based lenders will mobilize AED 1 tn in climate finance by 2030
Loss and damage agreement finalized + UAE launches USD 30 bn Alterra climate accelerator
Some 200 countries have finally signed off on operationalizing the long-awaited loss and damage fund established a year ago at…
Cairo Light Rail Transit project secures a USD 250 mn soft loan from Chinese companies
The funds will be used to put in place electrical and mechanical systems
UAE’s EDB will extend USD 350 mn to Irena’s Energy Transition Accelerator Financing platform
The funding will support Irena’s energy transition platform to finance climate-friendly projects
Brazil raises USD 2 bn from its first sovereign green bond
The maiden green issuance was 3x oversubscribed
Turkey’s Akbank signs off on USD 600 mn in sustainability-linked loans
Turkey’s Akbank signed agreements for two sustainability-linked loan facilities raising some USD 600 mn at 75 bp above US treasuries,…
IsDB joins forces with World Bank to help finance climate-centered regional projects
IsDB and World Bank partner on green projects: Saudi-based Islamic Development Bank (IsDB) has partnered with the World Bank to…
Tunisia and EBRD sign MoU to reduce emissions, Egypt continues debt swapping and Iran breaks ground on a new solar plant
DECARBONIZATION- Tunisia signs MoU with EBRD to reduce carbon emissions: The Tunisian Industry, Mines, and Energy Ministry has signed an…
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