GGF and National Bank of Egypt to Advance Climate Finance With USD 10 Million

The Green for Growth Fund (GGF), an impact investment fund advised by Finance in Motion, has loaned USD 10 million to the National Bank of Egypt (NBE) to support measures that reduce energy consumption, prevent CO2 emissions, and improve resource efficiency in the country. NBE is the flagship lender in …

Green Finance Workshop

A key to answering this question is green finance. In the Nordics we have some of the world’s most climate ambitious cities in terms of targets for adaptation and mitigation. City leaders stress that one of the most challenging aspects of achieving these is to obtain the required financing. Green …

EBRD and AIFC Launch Study for Green Financial System in Kazakhstan

In a new step to support Kazakhstan’s path towards a greener economy, the European Bank for Reconstruction and Development (EBRD) is launching a study that will assess the potential of developing a green financial system for the country. A system of this kind would boost financing for “green” projects in …

France’s Energy Transition Is Vital for Energy Security, According to Latest IEA Review

The International Energy Agency (IEA) praised France for setting in motion significant reforms towards more secure, affordable and sustainable energy supplies and the green growth of its economy. Over the past ten years the French economy has reduced its carbon intensity and benefitted from greater energy efficiency, notably in the …

Green Finance is Key to Resolving Climate Change

Climate change is not just an environmental challenge — it is a fundamental threat to development in our lifetime. Without immediate action targeted at emissions reductions by the international community, climate change could result in an additional 100m people living in extreme poverty by 2030 and reverse many of the development gains …