Search Results for: Energy Access and Climate Action Trust Fund

OPEC Fund Allocates Over $150m for Global Development Projects

The OPEC Fund for International Development (OPEC Fund) has sanctioned financing exceeding $150 million for initiatives across Africa, Asia, Latin America, and the Caribbean. These funds will target modern infrastructure development in sectors like health, education, agriculture, water, and sanitation, and also extend financial assistance… Read More

EIB Group and BNP Paribas Sign Securitization Transaction to Support French SMBs

The EIB Group (European Investment Bank, EIB, and European Investment Fund, EIF) has signed its fourth synthetic securitization transaction with BNP Paribas (EPA: BNP) since 2017. Similar to the three previous transactions, its investment will “support small and medium-sized companies while contributing to the transition… Read More

Bitcoin, Crypto Mining: Sygnumā€™s Hashrate backed Loan Accelerates Green Digital Currency Mining

Sygnum and SATO Technologies are renewing this innovative green financing solution to grow the global ecosystem of carbon-neutral crypto miners. Sygnum provides cash loans “to green crypto miners who pledge a pre-defined portion of their computational mining power, then sells the mined coins to repay… Read More

Supply Chain Fintech ProducePay, Four Star Fruit to Support Direct-to-Retail Fresh Produce Program for US Grocers

ProducePay, the marketplace transforming the global produce industry into a more connected and sustainable supply chain, and Four Star Fruit, one of the largest growers and shippers of table grapes, launched the fresh produce industryā€™s “first-of-its-kind” direct-to-retail supply chain program. Leveraging the ProducePay platform and… Read More

European Commission Agrees on ā‚¬7.5 Billion Budget for Digital Europe: Goal is to improve Europe’s Competitiveness in the Global Digital Economy

The European Commission (EC) has come to an agreement on the ā‚¬7.5 billion budget for the Digital Europe program. The goal is to “improve Europe’s competitiveness in the global digital economy and achieve technological sovereignty.” The EC said it seeks to support the digital transformation… Read More

What Crowdfunding Platforms Do in Times of #COVID19 and Why Governments Should Use Crowdfunding to Battle the Economic Impact of #Socialdistancing

The Crowdfunding industry is well aware of what economists call externalities ā€“ the fact that behavior of some people has an unintended impact on other people. Positive externalities can be observed on the Crowdfunding platforms every day due to the willingness of people to join… Read More

Autumn Statement: “Sound Public Finances & Great Public Services? If You are Bold with Your Reforms You can Have Both”

Chancellor of the Exchequer George Osborne gave a rousing speechĀ highlighting the government’s success and pinpointing areas for economic improvement today in his annual trip to Parliament. The Autumn Statement delivered by Osborne can certainly be viewed as a success once you compare the UK economy… Read More

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