Financing for climate change initiatives and a just transition just got harder with the return of Donald Trump to the White House, but development banks meeting in South Africa resolved to step up efforts to help close the funding gap.
The Impact Bridge Sustainable AgriFood Fund has raised over €130m to invest into Spanish agrifood SMEs, with the aim to support rural development and the inclusion of vulnerable groups, adapt to climate change and preserve biodiversity.
Nature-based projects rose by an average of 15% annually between 2012 and 2021, yet scaling the sector remains a challenge, according to a report from the World Resources Institute and the World Bank.
The collaboration is aimed at accelerating the move to net zero in the Netherlands, where solar and wind energy has advanced so much, it is entering a new phase, according to ASN Impact and StartGreen.
The chair of the authority that runs the UK’s main financial centre says the investment community has a duty to make more social and environmental investments.
The Mirova Sustainable Land Fund 2 has received funding from a variety of public, private, and philanthropic investors with additional commitments from FMO and Proparco expected shortly.
The Good Fashion Fund has provided a $2m loan to K.K.P Fine Linen for the installation of an effluent treatment plant in its recently acquired wet processing facility.
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