by SIF Comm Team | Sep 29, 2017 | MDBs & Infra News
The World Bank (WB) and the Asian Infrastructure Investment Bank (AIIB) will provide funding to improve flood management in select drainage areas in Metro Manila. Flood events, particularly during the typhoon season from June to October, are a recurring problem in...
by SIF Comm Team | Sep 20, 2017 | MDBs & Infra News
Meeting the Paris Agreement’s climate commitments requires climate-resilient, low-carbon investments at an unprecedented speed and scale. The demand from countries to finance these investments – including through their Nationally Determined Contributions (NDCs)...
by SIF Comm Team | Sep 19, 2017 | MDBs & Infra News
The Hong Kong Monetary Authority (HKMA) signed an agreement with the International Finance Corporation (IFC), a member of the World Bank Group, in London, committing USD 1 billion to the innovative Managed Co-Lending Portfolio Program (MCPP) debt mobilisation platform...
by SIF Comm Team | Sep 19, 2017 | MDBs & Infra News
NEPAD Agency Continental Business Network gathered international investors and CEO-level business leaders at the New York Stock Exchange on the 18th September, for the launch of its 5 per cent Agenda initiative. The launch took place five years after a January 2012...
by SIF Comm Team | Sep 18, 2017 | MDBs & Infra News
The Asian Development Bank’s (AsDB) Board of Directors has endorsed a new country partnership strategy (CPS) for Kazakhstan, expected to deliver more than USD 3 billion in assistance through 2021 to help the country diversify its economy, achieve inclusive...
by SIF Comm Team | Sep 11, 2017 | MDBs & Infra News
The world’s six largest multilateral developments banks (MDBs) continued to make a strong contribution to the global climate challenge in 2016, increasing their climate financing in developing countries and emerging economies last year to USD 27.4 billion from USD 25...