At the COP 30 summit Belém, Europe did not get what it would have liked. Countries agreed to strive to triple funding for adaptation. But a plan to phase out fossil fuels did not come about, despite a back-guard battle by the EU.
The initiative, which is being driven by Asian carbon project developer Varaha, will support the transition of over 337,000 smallholder farmers toward regenerative practices.
The bond, launched as the COP30 climate summit takes place in Brazil, is intended to provide a blueprint for further issuance to support development in the region.
DREV has raised €2.8m for its contamination control technology for the battery industry, helping to protect worker health and safety, improve production efficiency, and recover critical metals.
Space4Good has received backing from a range of VC investors to scale its forest intelligence platform, expand its team and operations and enhance and diversify its product suite.
The fund aims to help close the estimated annual $280bn climate adaptation gap and benefit 19million people living in emerging and developing countries, including least developed countries and small island developing states.
The Amethis Europe Expansion Fund aims to support European small and medium-sized enterprises seeking to expand into Africa, as well as Europe and the Middle East. The fund has been backed by the EIB, Bpifrance and COFIDES.