Posts Tagged ‘climate change’

Microfinance Focus, Dec. 20, 3009: Grameen Foundation and Oxfam America have released a report examining the critical role MFIs can play in mitigating the impact of climate change on poor people. Written by Asif Dowla, a noted microfinance expert and professor of economics at St. Mary’s College in Maryland. The report, “Climate Change and Microfinance,” points to key poverty-related issues. Noting the active role MFIs ... Full story

Microfinance Focus, Dec. 18, 2009:  IFC has signed its first risk-sharing facility agreement in the Philippines with the Bank of the Philippine Islands to enhance the bank’s lending for sustainable energy projects and help mitigate climate change. The risk-sharing facility with the Bank of the Philippine Islands, one of the country’s largest banks, will help mainstream sustainable energy finance to promote energy efficiency and renewable energy ... Full story

Microfinance Focus, Aug. 7, 2009: U.S. Senators Bob Menendez and Mel Martinez have introduced the Social Investment and Economic Development for the Americas Act of 2010 in the House to provide $1.3 billion in assistance to Latin America and the Caribbean meant for micofinance, public-private partnerships and capacity building for trade promotion. The bill seeks to create a fund for microfinance sector called the Microfinance Growth Fund for the Americas (MGFA) to provide countries in Latin America and the Caribbean with stable, medium-term and long-term sources of finance to microfinance institutions. Full story

By Naagesh, N. Microfinance Focus, July 27, 2009: The Australian government has agreed to provide A$21.5 million grant for the Carbon Capture and Storage Fund of the Asian Development Bank (ADB). The fund will support geo-environmental studies into carbon dioxide storage sites, capacity building, and community awareness programs to accelerate carbon capture and storage projects ... Full story

MicrofinanceFocus, July 24, 2009: Asian Development Bank (ADB) is likely to increase its annual aid to Bangladesh to an average of $800 million a year in the next three years, up from $600 million a year during 2006-2008, said ADB President Haruhiko Kuroda who is on a two-day visit to Bangladesh. Full story