New initiative to help banks in the Philippines, Mexico and Egypt scale climate finance

It is designed to increase climate lending by participating banks to 30% of their portfolios by 2030, while reducing exposure to coal

New project to help catalyse affordable green housing finance in India

Green buildings are expected to help save more than 20% on energy and water consumption compared to typical buildings

New partnership to help Egyptian farmers buy solar irrigation systems

Using solar power for pumping water is estimated to help farmers save $875m annually in diesel fuel costs

New alliance formed to promote climate investments in Asia

IFC and the Hong Kong Monetary Authority will bring together financial and research institutions as well as technology providers to develop, build and boost the capacity for green finance

New agreement to help deliver Pacific’s largest solar power project

The $15m project will help reduce Fiji’s dependence on imported fossil fuels and cut emissions, whilst supporting as many as 14,000 households to transition to solar energy

Online platform helps financial institutions measure climate impact

Around 120 financial institutions have access to the platform, with $5.8bn of climate disbursed loans reported so far

BEIS and IFC seek innovative sustainable cooling solutions

With 10% of global greenhouse gas emissions coming from cooling, new solutions are critically needed to address the climate footprint of growing demand

Argentinian agribusiness lent $100m for green projects

The financing will support the establishment of an anaerobic biodigester to produce renewable energy from animal waste that will be sold to the grid

New $212m financing for climate-friendly projects in Vietnam

The funding from IFC will enable VPBank to expand its lending to small and medium businesses and boost financing for projects that help reduce carbon emissions

IFC provides $150m for green investments in Ukraine

The financing will enable small and medium sized businesses to invest in energy efficient machinery and upgrade their facilities with modern equipment