Blended finance can catalyze renewable energy investments in low-income countries

Achieving the United Nations Sustainable Development Goals will require massivesolar_porwe_wb investment in developing countries. Blended finance, which combines concessional public funds with commercial funds, can be a powerful means to direct more commercial finance toward impactful investments that are unable to proceed on strictly commercial terms. 

Blended finance has grown in the past decade. In 2021 it represented an aggregated financing of over $160 billion, with annual capital flows averaging approximately $9 billion since 2015One of the most compelling aspects of blended finance is that it uses relatively small amounts of donor funding to rebalance a project’s risk profile.   With this small infusion of concessional funding, pioneering investments become attractive to private investors.
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Solving the Cooling Conundrum: Accelerating innovation in emerging markets

Cooling is essential for health, food security, and economic development. Demand for cooling is rising rapidly, especially in emerging markets, but it also produces seven percent of global greenhouse gases and, if business as usual continues, energy used for cooling will triple by 2050. The good news is that sustainable cooling innovation offers one of the most cost-effective ways to fight climate change.

This session will highlight the latest developments in climate-smart cooling innovation and work by IFC’s award-winning TechEmerge Program to pilot, de-risk, and accelerate the adoption of sustainable cooling technologies in emerging markets. TechEmerge and its partners will discuss initial results and lessons learned from more than 70 field tests currently underway in Asia, Africa, and Latin America, conducted in collaboration with some of the world’s most promising cooling innovators and leading local companies.

 

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Fact Sheet: An Adjustment to Global Poverty Lines

Why did the World Bank decide to update the International Poverty Line, and why now?

As differences in price levels across the world evolve, the global poverty line has to be periodically updated to reflect these changes. Since 2015, the last update, we have used $1.90 as the global line. As of fall 2022, the new global line will be updated to $2.15.

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BlueTech for Waste: Innovation ChallengeAccelerating the sustainable management of chemicals and waste with innovative technologies in the Caribbean

**CLICK HERE TO VIEW THE INFORMATION SESSION OF APRIL 21ST **

MAY 21st 2022 DEADLINE

The Inter-American Development Bank (IDB), through its innovation laboratory, IDB Lab, and in partnership with the Global Environment Facility (GEF)1 seeks to support innovative solutions that contribute to the sound management of hazardous Chemicals and Waste (C&W) to protect human health and the environment, and address climate vulnerability in the Caribbean region.

THE PROPOSED SOLUTIONS MUST:

  • Be innovative in nature and present a business model that has not been implemented before in the country or that adds an innovation component to an existing model.
  • Focus on reducing environmental pollution and climate vulnerability, thus, contributing to at least one of the following indicators:
    1. reduction, disposal/destruction, phase out, elimination and avoidance of chemicals of global concern and their waste in the environment and in processes, materials and products (metric tons of toxic chemicals reduced)
    2. reduction, avoidance of emissions of Persistent Organic Pollutants (POPs) to air from point and non-point sources
    3. reduction of marine litter.
  • Promote the social and economic inclusion of poor and vulnerable population; and
  • Contemplate a path for scalability or replication, as well as financial sustainability.

Coming out of the COVID-19 Pandemic

Doing business with the International Financial Institutions (IFI’s) / Multilateral Development Banks (MDB’s)

After a bit of a break we are excited to share this latest Newsletter with you and reintroduce image8326522ourselves!

We hope all of you got through the COVID-19 pandemic safely and well. Although, life is getting back to (the new) normal, travel is still somewhat difficult and many offices are not fully open yet.

The World Bank Group Headquarters is currently at 50% capacity and slowly opening up to visitors again, the recent Spring Meetings were still held in a hybrid format. Nonetheless, business must go on albeit via email/Zoom/Teams etc.

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Staying the course for women’s economic empowerment in MENA

Our oceans are experiencing a range of problems caused by climate change and human20140128_indonesia_pamsimas_fishermen activity: rising temperatures, acidification, sea-level rise, habitat destruction, overfishing, marine pollution, and the introduction of invasive species.  These impacts are damaging ocean health and threatening the livelihoods of billions of people. They also point to a critical lack of governance globally of this precious resource.

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The Digital Revolution: Fostering Inclusion and Resilient Growth

As developing countries struggle to recover from the COVID-19 pandemic, digital solutions are enabling economic transformation and putting them on a path toward green, resilient, and inclusive growth. Private and public investment in digital solutions is bringing critical services to the poorest, creating jobs, strengthening small and medium businesses, enabling trade and services, and building resilience to shocks. At the same time, more than half the developing world remains digitally unconnected, and risks around privacy and cybersecurity are growing worldwide. 

The discussion about the digital revolution highlighted innovative ways countries are using digital technologies.  From digital financial services, to remote schooling, to more inclusive government services, digital solutions are accelerating more equitable and resilient growth. We heard from public and private sector leaders from around the globe about how safe and effective digital technology has become essential to development in the digital age.

eC2: Agricultural specialist / Agriculture Economist (Consultant)

Deadline: 23-May-2022 at 11:59:59 PM (Eastern Time – Washington D.C.)

Agricultura digital

The International Finance Corporation: IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector in developing countries.
We apply our financial resources, technical expertise, global experience, and innovative thinking to help our partners overcome financial, operational, and other challenges. In addition to its investment work, IFC provides advisory services to a number of its clients to support them in meeting specific development goals. IFCs advisory support to the financial sector is implemented via its Financial Institutions Group and is organized around the following main themes:
Innovation/Base of Pyramid: including Microfinance, Mobile Financial Services, Housing Finance, Rural Finance.
Banking Services: SME Finance, Sustainable Energy Finance, Insurance, Agri finance, Leasing, Trade Finance, Gender, Risk Management and Corporate Governance.
Financial Infrastructure: Credit Reporting, Collateral Registries and Secured Transactions, Securities

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