The OPEC Fund for International Development is providing a $37 million loan to support Egypt’s accelerating renewable energy transition through the Abydos II solar photovoltaic project, representing one of the country’s most ambitious clean energy initiatives to date and marking a significant milestone in the nation’s commitment to diversifying its power generation mix away from […]

The Nigerian Exchange Group (NGX Group), in strategic partnership with Germany’s development finance institution DEG and Africa Foresight Group, has launched an ambitious initiative to channel between $2.5 billion and $3.0 billion in climate-linked capital into Nigerian corporates through an accelerated net-zero transition framework that positions sustainability as a core driver of capital access and […]

Google has executed three long-term power purchase agreements with Clearway Energy Group totaling 1.17 gigawatts of carbon-free capacity to supply the technology giant’s rapidly expanding data center footprint across three strategically important regional power markets in the United States, as the company accelerates efforts to meet aggressive climate commitments while supporting explosive growth in artificial […]

The United Nations Economic and Social Commission for Asia and the Pacific will provide policy advisory and technical assistance to Pakistan to support development of its Energy Transition Investment Plan, marking a critical step in the nation’s efforts to shift from imported fossil fuels toward sustainable energy sources while addressing mounting economic pressures. According to […]

The convergence of artificial intelligence and agricultural biotechnology has reached a critical milestone as London-based startup Biographica announces a $9.4 million seed funding round aimed at transforming how the global agricultural industry develops climate-resilient crops. The financing, which translates to approximately £7 million, positions the company at the forefront of an emerging movement to apply […]

The Hindu Kush Himalayan region requires approximately $12.065 trillion from 2020 to 2050 for climate mitigation and adaptation, according to a comprehensive new report by the International Centre for Integrated Mountain Development. This amounts to an annual average of $768.68 billion, with India and China representing over 92.41% of these financing needs, while Nepal, Bhutan, […]