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AsDB, KfW scale up cofinancing partnership with additional USD 2 billion

AsDB, KfW scale up cofinancing partnership with additional USD 2 billion

by SIF Comm Team | Sep 29, 2017 | MDBs & Infra News

The Asian Development Bank (AsDB) and the German development bank KfW have scaled up their existing cofinancing partnership with an additional USD 2 billion over the next 3 years until 2020 to continue promoting development in the Asia and Pacific region. The...
WB, AIIB approve funding for Metro Manila Flood Management Project

WB, AIIB approve funding for Metro Manila Flood Management Project

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...
World Bank and UN announce Invest4Climate initiative to ramp up finance for climate action

World Bank and UN announce Invest4Climate initiative to ramp up finance for climate action

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)...
HKMA to support IFC finance projects across 100 countries, including in infrastructure

HKMA to support IFC finance projects across 100 countries, including in infrastructure

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...
NEPAD launches 5 per cent Agenda initiative: Bridging Africa’s USD 68 billion infrastructure finance gap

NEPAD launches 5 per cent Agenda initiative: Bridging Africa’s USD 68 billion infrastructure finance gap

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...
AsDB-Kazakhstan CPS: Reducing inequality by addressing infrastructure bottlenecks

AsDB-Kazakhstan CPS: Reducing inequality by addressing infrastructure bottlenecks

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...
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