Calling all private sector entities, local government municipalities and energy developers to submit proposals for the Embedded Generation Investment Programme (EGIP) for South Africa. 3 August 2021, Johannesburg, South Africa – The Development Bank of Southern Africa, (DBSA) is inviting all private sector entities and energy developers to submit proposals in response to South Africa’s […]
GCF Approves $170.9M For AfDB’s Programme to Benefit African Countries
The board of the Green Climate Fund (GCF) has approved $170.9 million in financing for the African Development Bank’s (AfDB) Leveraging Energy Access Finance Framework (LEAF) programme. This is part of an overall allocation of $501.1 million in GCF resources for new climate projects. The new climate projects approved will mobilise a total of $2,949 […]
Green Climate Fund Accredits Morocco’s Agency For Sustainable Energy
Rabat : The Green Climate Fund (GCF) accredited Morocco’s Agency for Sustainable Energy (MASEN) in a virtual conference on July 1. The GCF, established by the United Nations Framework Convention on Climate Change (UNFCCC), “aims to support a paradigm shift in the global response to climate change,” according to the UN’s environment programme’s website. The […]
ADB green projects gain $300 mn
The Green Climate Fund (GCF) has granted $300 million to the Asian Development Bank (ADB) to assist in creating environmentally friendly infrastructure projects that aim to help economies in the region recover sustainably and create jobs. The ADB said the funds will be utilised by the ASEAN Catalytic Green Finance Facility’s (ACGF) Green Recovery Programme […]
The Green Climate Fund approves the first JICA proposed-project
The Green Climate Fund approves the first JICA proposed-project: To reduce CO2 emissions through forest conservation and enhance community climate resilience in Timor-Leste During the 28th Board Meeting, the Green Climate Fund (GCF)* approved the first project proposed by the Japan International Cooperation Agency (JICA): Community-based Landscape Management for Enhanced Climate Resilience and Reduction of […]
ADB Project in Mongolia Secures $175 Million in Funding from the Green Climate Fund
ULAANBAATAR, MONGOLIA — The Green Climate Fund (GCF) has approved $175 million in funding for an Asian Development Bank (ADB) program to support the Government of Mongolia’s efforts to improve rangeland management and reduce climate vulnerability of its rural economy. GCF funding, which consists of a $130 million highly concessional loan and a $45 million […]
EBRD, GCF & CIFs Funding Solar Plant in Kazakhstan
The European Bank for Reconstruction and Development is organising a new financing for the construction of a 76MWp solar plant in the Karaganda region of Kazakhstan, a leader in the development of renewable energy in Central Asia, with a total installed solar capacity of 216MWp. The USD 42.6 million package provided to the well-established German […]
ADB, GCF, and Australia Partner to Improve Renewable Energy in Tonga
NUKU’ALOFA, TONGA: The Asian Development Bank (ADB) has approved $12.2 million grant for the Renewable Energy Project, which is under the Pacific Renewable Energy Investment Facility. Approved in 2017 by ADB, the facility finances renewable energy projects in the 11 smallest Pacific island developing member countries with an overall estimated cost of $750 million, with […]