Biogas $70m funding to shake up Brazil’s energy mix

Grupo Cocal will use the funding to build a biogas production unit to distribute renewable energy to the State of São Paolo from July 2022

Association of Serbian Banks joins Sustainable Banking Network

The Network consists of 41 member countries, representing around $43tn or 86% of the total banking assets in emerging markets, aiming to transform their financial sectors towards sustainability

IFC provides $150m for green investments in Ukraine

The financing will enable small and medium sized businesses to invest in energy efficient machinery and upgrade their facilities with modern equipment

New $570m plan for energy efficient homes in Mongolia

A third of the population live in urban ger areas, or settlements of low and middle income households, which suffer from poor sanitation and inadequate solid waste management

Uzbekistan commits to tender 900MW of solar power

It supports the country’s ambition to develop a total of up to 5GW of solar power by 2030

IFC raises £461m from first Canadian green bond

The proceeds of the five-year green bond will finance investments in projects including renewable energy, green buildings and energy efficiency

LNG-to-power facility in Brazil granted $288m

The project consists of a 1.3GW CCGT plant, an LNG import terminal, a transmission line and the expansion of an existing substation

New Global Green Bond Partnership launched

It will provide technical assistance and support the development of innovative funds to mobilise investor capital

First $60m green bond issued in Lebanon

It will be used to promote environmentally-friendly projects and fight climate change

Ukraine gets €53m energy efficiency boost

The IFC, a member of the World Bank, will manage the funding from the EU and Germany