Proteine Resources will use the funds from the European Innovation Council Accelerator to scale up production of sustainable pet food made from insect protein instead of beef.
Co-investment by public and private institutions such as pension funds is key to closing the global sustainable development financing gap, a UN-backed development finance conference in Seville heard.
The launch of the Butimba water treatment plant marks a major milestone of the Lake Victoria water and sanitation project, which is aimed at upgrading the water supply and sanitation systems in northern Tanzania.
Small-scale social impact funds established in Armenia, Georgia and Ukraine have built up diverse investment portfolios, offering hope they can scale up further to tackle major local challenges.
The new plant will provide 1.4 million people and 36,000 cocoa farmers with an additional income stream. Plus, CC Facility funds three impact initiatives | Stewardship Code
The fund will invest in startups working to support the regeneration of ocean biodiversity and has secured backing from the European Investment Fund and a range of institutional investors.
Two separate initiatives, which have been backed by the European Innovation Council and the Good Fashion Fund respectively, aim to reduce the negative impacts of garment and textile manufacturing.
The digital lender recently became the first company to establish an EU-wide microfinance partnership with the European Investment Fund aimed at closing a €400bn funding gap for small and medium-sized businesses.
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