20 August 2024

n°163
newswatch

Aug 19
T. Osborne, Associate Professor at University of California: Toward a Climate Justice Approach for the Amazon - Reimagining REDD+ for Indigenous-Led Solutions
Building upon a multi-year collaboration with Indigenous leaders in the Amazonia region, this article proposes a climate justice framework that centers Indigenous leadership and territorial defense, offering an alternative pathway for forest conservation that addresses the root causes of deforestation and prioritizes equity.
Source: One Earth
Aug 15
A. Merchent, Director of Engagement & Capacity Building, Convergence: Three Africa-Led Blended Finance Models Mobilizing Billions for Development
The ability of African development banks to be in the vanguard of financial innovation makes them arguably the most important and relevant financial institutions to lead the continent’s future growth and economic renaissance.
Source: Convergence
Aug 15
Philippines: Triodos Financial Inclusion Funds Provide Finance to OnePuhunan
Triodos Microfinance Fund and Triodos Fair Share Fund have provided a EUR 5 million senior debt facility to OnePuhunan, a key player in the microfinance landscape in the Philippines. OnePuhunan provides loans and microinsurance products to more than 400,000 underbanked women entrepreneurs in predominantly rural areas.
Source: Triodos Investment Management
Aug 14
Transforming Impact Funds: 3 Reasons to Link Compensation with Impact
Embedding impact into fund managers’ incentive structures will strengthen accountability between general partners, limited partners, and entrepreneurs. This increased accountability among key stakeholders will support the responsible growth of the still-young but rapidly expanding impact investing sector, ensuring it scales with integrity.
Source: World Economic Forum
Aug 14
Brazil: Investors Back $225M World Bank Bond for Amazon Reforestation and Carbon Removal
The World Bank, through the International Bank for Reconstruction and Development (IBRD), has issued a $225 million Amazon Reforestation-Linked Bond, the largest outcome bond in its history, to support reforestation efforts in Brazil’s Amazon rainforest.
Source: Carbon Herald
Aug 14
African Development Bank’s $10 Million Investment in KawiSafi II Fund: A Strategic Boost for Renewable Energy Innovation in Africa
The African Development Bank Group (AfDB) has approved a significant $10 million junior equity investment in the KawiSafi II Fund, aimed at bolstering climate-related initiatives in Africa.
Source: SolarQuarter
Aug 13
India: Kazam to Utilise $8 Million Series A3 Funding for Market Expansion and Product Innovation
This new infusion of capital follows the company’s previous funding of $11.4 million, which was also led by Avaana Capital Advisors. The fresh funds will be used to bolster its technology and product teams, enhance platform offerings, and expand market presence.
Source: CNBC TV18
Aug 13
Curvalux Accelerates Global Internet Access with Strategic Investment from Pegasus Capital Advisors
Curvalux, a leading manufacturer of innovative, energy-efficient fixed wireless access (FWA) broadband technologies, announced a strategic investment from the Subnational Climate Fund, managed by Pegasus Capital Advisors. This partnership aims to help facilitate prompt production and delivery of existing orders for Curvalux's sustainable high speed wireless products to valuable customers that are servicing communities with essential internet access, including those areas without access to electricity.
Source: PR Newswire

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