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

Uzbekistan commits to tender 900MW of solar power

It supports the country’s ambition to develop a total of up to 5GW of solar power by 2030

World Bank launches CAD15m sustainable development bond

It is part of a campaign to raise awareness for the critical need to protect and sustain water and ocean resources

Electricity pylons
EU grants €40m for Moldova-Romania power link

The interconnector, scheduled to be completed by 2024, is expected to considerably enhance the stability and reliability of Moldova’s electricity supply

Climate change: Cool Coalition to turn down the heat with new commitments

Set up in April this year, the Coalition consists of more than 80 partners aiming to expand access to cooling while reducing the climate impact

IFC raises £461m from first Canadian green bond

The proceeds of the five-year green bond will finance investments in projects including renewable energy, green buildings and energy efficiency

Climate change: UK doubles aid to £1.44bn to support developing countries

Existing Green Climate Fund projects are estimated to help around 300m people cope with the effects of climate change

New wind farm in Egypt gets $206m boost

The West Bakr Wind project will have a capacity of 252MW and is expected to produce enough renewable electricity to power around 350,000 homes

World’s international bodies ‘not fit for purpose to tackle climate change’

That’s the verdict from Shadow Chancellor John McDonnell MP, who believes the World Bank, IMF and WTO aren’t tackling the issue

New $250m loan for climate resilience in Kerala

The 2018 floods and landslides in Kerala affected around 5.4m people and 1.4m people were displaced from their homes