By combining IBRD and MIGA guarantees for the first time, The World Bank Group Guarantee Platform is helping Côte d’Ivoire secure €433 million in sustainability-linked financing. This pioneering transaction aligns financing with measurable climate targets, supporting #renewableenergy, forest protection, and resilience in agriculture. Learn more: http://wrld.bg/xnEh50WWJ9o
World Bank Group supports Côte d'Ivoire with €433m in climate-linked financing
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𝐓𝐡𝐞 𝐔𝐊’𝐬 𝐝𝐫𝐚𝐟𝐭 𝐓𝐫𝐚𝐧𝐬𝐢𝐭𝐢𝐨𝐧 𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐆𝐮𝐢𝐝𝐞𝐥𝐢𝐧𝐞𝐬 𝐜𝐨𝐮𝐥𝐝 𝐛𝐞 𝐚 𝐠𝐚𝐦𝐞-𝐜𝐡𝐚𝐧𝐠𝐞𝐫 𝐟𝐨𝐫 𝐀𝐟𝐫𝐢𝐜𝐚: By setting clear standards for financing hard-to-abate industries like steel, cement, and power, the framework has the potential to unlock climate finance, lower capital costs, and strengthen integrity in transition plans. For African issuers and regulators, aligning with these global rules could mean wider investor access and faster pathways to a just transition. The consultation runs until 19 September 2025, a critical window for Africa’s voice to shape the outcome. Read full story by John Thiga, MPRSK: https://lnkd.in/dn-8dVc6 #ASMNews #ClimateFinance #AfricaSustainability #NetZero #TransitionFinance #CarbonMarkets
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KawiSafi Fund II has announced $90 million in approved capital to accelerate climate solutions across Africa. With $40 million already committed, the fund is targeting high-growth companies in clean energy, transportation, and carbon reduction. Backed by AfDB’s SEFA, the Green Climate Fund, and other partners, the initiative aims to impact 50 million people and avert 50 million tons of CO₂. This could mark a turning point for Africa’s climate finance landscape, where access to capital has often lagged behind need. https://lnkd.in/exxipE2i
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The new '𝐒𝐜𝐚𝐥𝐢𝐧𝐠 𝐖𝐚𝐭𝐞𝐫 𝐑𝐞𝐮𝐬𝐞' report — developed in collaboration with The World Bank and MIGA — highlights how enabling policies and robust financing frameworks can unlock private capital and accelerate innovation, making water reuse projects viable. Makhtar Diop, IFC's Managing Director, emphasizes the private sector’s role in pioneering innovative water reuse solutions that turn scarcity into growth and jobs. Read the full report here: http://wrld.bg/uXV750WS6pI #IFCwater #watermanagement #waterreuse 2030 Water Resources Group
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C’ River to Host AfSNET 2026 As Gov Signs Agreement With Afreximbank. Cross River State has secured the hosting rights for the 6th African Sub-Sovereign Governments Network (AfSNET) Investment Conference, scheduled for 2026 in Calabar, following the signing of a hosting agreement http://ow.ly/Ss2o106l43J
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Çevre Şehircilik ve İklim Değişikliği Bakanlığı announced a tender for “Consultancy Services for Economic Modelling of #EmissionsTradingSystem in #Türkiye” in the scope of The World Bank funded “Türkiye Partnership for Market Implementation Facility (PMIF) #CarbonMarket Development Project”. https://lnkd.in/ddfyFrkm
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𝗔𝗚𝗘𝗡𝗗𝗔 🤝 | InvestChile Director, Karla Flores, together with Juan Pablo Candia, Head of Strategy and Investment Climate at the Agency, participated in a workshop organized by the Inter-American Development Bank (IDB) in #Washington. The session, led by Christian Volpe, Principal Economic Advisor at the IDB, brought together regional investment promotion agencies to identify key knowledge product needs and the main challenges they face. 👉 The objective was to build a joint roadmap and working agenda between the agencies and the IDB. Among the key issues discussed were accountability systems, impact measurement, monitoring and evaluation of agencies’ contributions to climate change agendas, productivity, employment, and sustainable growth, as well as their role in advancing investment climate management. #InvestChile #InvestinChile #InvestmentOpportunities #BusinessinChile #ChileanEconomy #DoingBusinessChile #ChileNews #FDI #ChileanEconomy #BusinessOpportunities #ForeignInvestment #ChileOutlook #IPA
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Uncertainty Looms for Carbon-Intensive Businesses Carbon-intensive businesses are facing a looming threat: the uncertainty surrounding new regulations like the Carbon Border Adjustment Mechanism (CBAM) This regulatory fog makes it nearly impossible to forecast costs, manage supply chains, and make long-term investment decisions Every day without a clear strategy adds to the risk and anxiety The first step is to recognise this challenge is real and imminent Start preparing your business by identifying your carbon footprint and understanding how new rules will impact your bottom line #CarbonTrading #CBAM #ESG #SupplyChainRisk #MyCustomsInfo
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Faten Aggad reminded us in her keynote at today’s AFPH side event on Equitable Pathways to Methane Abatement in Africa: The Carbon Border Adjustment Mechanism (CBAM) alone could cost Africa $25 billion in lost revenue. The cumulative effect of standards and legislation can be detrimental to African economies if investments in transition are not forthcoming. Too often, Africa is missing when banks and financiers design transition strategies. The best climate finance strategy for Africa is its dynamic economies. An African Trade Decarbonisation Fund must step in as a practical tool. It needs to finance trade-related compliance, data, abatement technologies, among others. Africa urgently needs new ideas and tailored solutions to drive an equitable transition. Read Faten's previous piece, making a case for an African trade decarbonisation fund. https://lnkd.in/dbvRrpz4 #AfricaClimateAction #TradeDecarbonisation #MethaneAbatement #AFPH
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The Bahamas secured a US $30M IDB loan to expand its blue economy by supporting SMEs, strengthening BAMSI, and boosting climate resilience through mangrove and coral restoration. This builds on its recent US $120M debt-for-nature swap, reinforcing the country’s leadership in sustainable ocean finance.
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The Federal Government has announced an additional $1 billion in concessional loan funding through the Regional Investment Corporation (RIC). This brings total agricultural support to more than $5 billion, with funding available for projects that: ✔️ Build climate resilience ✔️ Drive productivity improvements ✔️ Support Australia’s net-zero transition For regional SMEs and farmers, this can provide certainty, ease cost pressures, and support long-term planning. Find out more online: https://bit.ly/2SVBgdY #RegionalInvestmentCorporation #BusinessStrategy
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