Blended Finance

COP29: €3bn public-private fundraise planned for emerging market green bond fund

The EU-led Global Green Bond Initiative (GGBI) is preparing to raise €3 billion ($3.2 billion) for a fund which will serve as an "anchor investor" in emerging market (EM) green bonds, the European Investment Bank (EIB) told a side event at the UN COP29 climate summit.

COP29: Investors underwhelmed by Global South investable pipeline

The pipeline of investable projects in the Global South is lacking, delegates at COP29 in Baku, Azerbaijan have heard.

IFC invests $25m for African solar initiative

BII provides $30m derisking Nigerian infra guarantee business

COP29: MUFG backs Canada-led blended finance initiative

Canada has launched a $1.5 billion blended finance 'platform' that aims to provide climate finance to climate projects in "up to" 25 emerging markets and developing economies, with backing from MUFG.

Trio of impact investors back African renewables development with €84m

COP29: BlackRock among investors working on Singapore-led debt finance initiative

The Monetary Authority of Singapore (MAS) is to develop an 'industrial transformation' infrastructure debt programme under the $5 billion FAST-P blended finance initiative.

COP29: Climate finance vehicle prepares for inaugural bond issue

An innovative climate finance vehicle has signalled that it is ready to issue its first bonds, although they are not expected to be labelled 'green'.

COP29: MDBs update 'common framework' and pledge $120bn to climate financing

Global South investors feel urgency and pessimism for COP29

Investors in the Global South have told Environmental Finance that they feel a great sense of urgency and pessimism as COP29 kicks off in Baku, Azerbaijan over concerns that negotiators and policymakers are dragging their heels on financial pledges to support the countries that need it most.