Task Force on Nature-related Financial Disclosures working group announced
Ten financial firms have joined a working group to develop a reporting framework for the impact of the financial sector on biodiversity and ecosystems to complement the Task Force on Climate-related Financial Disclosures (TCFD).
GCF belatedly signs off on Southern Africa green bank
The Green Climate Fund (GCF) has signed an agreement with the Development Bank of Southern Africa to launch the long-awaited Climate Finance Facility (CFF) – a first-of-its-kind green bank in Africa.
African green bank launch stunted by GCF’s ‘longstanding governance issues’
The bid to fund a world-first developing market green bank has been beset by ‘fundamental and longstanding issues around the governance’ of the Green Climate Fund (GCF).
'World-first' developing market green bank to open in Southern Africa
The 'first emerging market green bank' is to be created by the Development Bank of Southern Africa (DBSA) to scale up private investments in climate-friendly infrastructure projects in the region.
Banking climate principles to be launched next week
A new set of climate changes principles for the banking industry are set to be launched on Monday, Environmental Finance has learned.
Abengoa consortium seals $660m project financing for South African solar project
A consortium led by Abengoa has secured $660 million in financing for a 100MW solar plant.
$760m raised by Mainstream for South African wind
Mainstream Renewable Power has closed its $760 million funding round for wind power in South Africa.