The InsuResilience Solutions Fund (ISF) supports innovative climate risk insurance products for developing and emerging countries to mitigate the impacts of climate change. KfW established the ISF on behalf of BMZ in 2019; the Frankfurt School of Finance and Management implements the program, which is now entering a new phase.
India Exim Bank extends Buyer’s Credit facility of USD35.26 million under National Export Insurance Account for power transmission project in Senegal
Export-Import Bank of India (India Exim Bank) signed a Buyer’s Credit Agreement for USD 35.26 million with the Ministry of Economy, Planning, and Co-operation of the Republic of Senegal for the purpose of construction and installation of 225 kV overhead Transmission Line
ICD and Orient Finans Bank sign an advisory services
The CEO of the Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group (IsDBG), and Chairman of the Board of Orient Finans Bank, signed an Advisory Services Agreement in relation to the launching of an Islamic Window at the Bank.
Source: Islamic Corporation for the Development of the Private Sector (ICD)
SME Bank provides SMEs with more than just financial assistance
The annual national-level business matching event SME Bank Xcess, which will be held on July 26 this year, SME Bank aims to assist and create opportunities for entrepreneurs in obtaining financing and other related financial and entrepreneurship services.
Oman Development Bank signs a loan portfolio management agreement with SME’s Development Authority
the Small and Medium Enterprises Development Authority and the Oman Development Bank signed an agreement to manage the loan portfolio to finance pioneers, entrepreneurs, owners of small and medium enterprises and craftsmen to establish and expand their small and medium enterprises
UN Climate Fund body taps DBP for climate mitigation and adaptation financing
State-owned Development Bank of the Philippines (DBP) has secured the accreditation of a United Nations-backed institution that provides financing support for the environment and climate-related programs and advocacies in line with the Paris Agreement and Kyoto Protocol, a top official said.
CARD-BDSFI boosts social media presence to encourage organic farming
CARD-Business Development Service Foundation Inc. (CARD-BDSFI), a member of CARD Mutually Reinforcing Institutions, launches a series of activities on their “CARD-BDSFI Organic Demo Farm” Facebook page in its aim to promote simple organic farming at home.
Pag-IBIG Fund finances 10,640 homes for low-wage earners in H1 2021, up 99%
Pag-IBIG Fund extended socialized housing loans to 10,640 members from the minimum-wage and low-income sectors in the first half of 2021 despite the continuing pandemic, top officials announced Wednesday (July 21).
ADFIAP’s IDF, LIBT forge strategic partnership for continuing education
The Institute of Development Finance (IDF), the professional training and career service center of the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP), recently signed a Memorandum of Understanding with the London Institute of Business and Technology (LIBT) laying out the groundwork for academic collaboration.
ADFIAP IDF, AC conduct webinar on loan portfolio management
ADFIAP’s Institute of Development Finance (IDF), in collaboration with ADFIAP Consulting (AC) Group, conducted a webinar on “Strengthening Loan Portfolio Management in the Credit Process” on June 15 to 17, 9:30 am -12:30 pm, Philippine Standard Time.
IFC to focus on COVID and Climate Finance to help South Asia's post-COVID economic recovery efforts
IFC has appointed Hector Gomez Ang as Regional Director for South Asia. Based in New Delhi, he will play a critical role in boosting IFC's investments in the region, as it looks to recover from the severe impacts of COVID-19.
Food systems that ignore the needs of poor rural people are doomed to fail, warns IFAD President ahead of Food Systems pre-Summit
United Nations Summit on Food Systems that begins in Rome on Monday, the head of the International Fund for Agricultural Development (IFAD) said that if we ignore the challenges and needs of rural people in the world's poorest countries, our attempts to create more equitable food systems Sustainability will fail.
The climate emergency is a direct consequence of carbon-heavy land-use and agriculture, transport, buildings and industrial processes and polluting energy sources. Without profound changes to these sectors and a drastic cut to carbon footprints, there is little hope to protect the planet from the worst effects of a warmer world.
ADB calls for a just, equitable transition toward Net Zero in Asia and Pacific
Asian Development Bank (ADB) President Masatsugu Asakawa today called for countries in Asia and the Pacific to take bold action to address climate change while ensuring fair and equitable economic growth amid the coronavirus disease (COVID-19) pandemic.
Good Energy 'unequivocally' rebuffs fourth takeover bid from rival Ecotricity
Good Energy's board has rejected a fourth takeover bid from rival green energy supplier Ecotricity, arguing the latest 340 pence per share offer "significantly undervalues the Group and its future prospects".