IBRD issued a new catastrophe bond that finances $175 million of additional insurance protection for the government of Mexico against named storm events occurring on the Pacific side of the country.This bond significantly expands Mexico’s coverage for Pacific hurricane risk from the recently... More

IDB Invest raised A$600 million ($400.6 million) through a five-year fixed rate green bond. This is IDB Invest’s third public benchmark in the Australian market and its largest kangaroo bond to date. The net proceeds of the bond will be used to finance eligible projects under the green... More

EBRD is extending a €16 million ($17.4 million) sovereign loan to the government of Georgia to continue modernising its solid waste management and financing infrastructure, converting the gas produced by solid waste into electricity.The loan will be complemented by a €4 million grant from... More

EBRD is promoting green and inclusive lending in Mongolia by offering funds of up to $20 million (€18.4 million) to the country’s largest commercial lender, Khan Bank.The financial package consists of a $10 million facility under EBRD’s Green Economy Financing Facility for Mongolia,... More

AfDB has approved a $15 million trade finance package for First Capital Bank in Zimbabwe to help bolster intra-African commerce in line with the goals of the Africa Continental Free Trade Area.The package, comprising a $7.5 million trade finance line of credit and a $7.5 million transaction... More

JICA has launched $1 billion worth of five-year Global US Dollar bonds, guaranteed by the Government of Japan.The bonds carry a coupon rate of 4.750% and have been listed on the Singapore Exchange. The net proceeds from the bond issuance will be allocated to finance both newly committed and ongoing... More

ADB has approved a $148.5 million loan to help strengthen, modernize, and climate-proof the distribution system to enhance reliability, quality, and resilience of electricity supply in Sikkim, India.The project will upgrade and modernize Sikkim’s power distribution system by upgrading it with... More

EBRD is improving access to finance for young entrepreneurs in Uzbekistan by providing funds to privately owned financial institution, Davr Bank.Davr Bank will join EBRD’s Youth in Business programme, which was launched in 2023. EBRD’s senior loan of up to $15 million will boost youth... More

Latin American devlopment bank CAF has announced a package of measures with the potential to reach BRL3.8 billion ($746 million) in financial resources to support the reconstruction of Rio Grande do Sul after the record-breaking rains in the Brazilian state.CAF provided a donation of BRL1.25 million... More

EBRD is lending €236 million (over $256 million) to Armenia to finance the construction of the southern section of the Sisian-Kajaran road.This is the largest road infrastructure project ever financed by the EBRD in Armenia. It was previously complemented by technical cooperation funding... More

Ocean 14 Capital Fund I, focusing exclusively on the blue economy, has closed on €201 million to support its mission of funding sustainable solutions to improve ocean health.The Ocean 14 Capital Fund is focused on driving a sustainable and regenerative blue economy – a sector that uses... More

World Bank has appointed Hugh Riddell as Country Manager for the Kyrgyz Republic. Based in Bishkek, Riddell will lead the bank’s engagement in the Kyrgyz Republic, which includes policy dialogue with government officials, civil society, the private sector, and development partners, as... More

IFC has announced a $150 million commitment to four investment and advisory projects that will support economic development in Egypt and other parts of Africa in key sectors including healthcare, trade, and finance. The four projects are:An advisory program with Egypt's Universal Healthcare... More

EBRD is lending €10 million (about $10.8 million) to Armenia to finance the construction of a customs and logistics centre in the Syunik region. The bank will also provide a €2 million investment grant via its Shareholder Special Fund to co-finance the project.The country’s new... More

Over 60 countries, developments institutions and companies pledged a total of $2.2 billions to finance access to clean cooking solutions in Africa and reduce the collateral health and environmental risks related to harmful cooking methods.The International Energy Agency convened global leaders for... More

EBRD has granted two loans totalling up to $10 million to Bank Arvand, in order to help businesses and households in Tajikistan gain better access to green technologies and climate adaptation measures, as well as stimulating youth entrepreneurship.The loans are part of a $15 million financing... More

The US Department of Agriculture’s Forest Service is investing nearly $74 million to spark innovation, create new markets for wood products and renewable wood energy from sustainably sourced wood, and increase the capacity of wood processing facilities as part of President Biden’s... More