Wanted: Innovative designs for climate-resilient cities

Climate Finance Grantmakers and investors are putting out the call for urban climate adaptation ideas. Apply by March 15 for $250,000 in grants from Climate Ventures 2.0 for 10 innovations that combat water scarcity, stormwater runoff and agriculture vulnerabilities. Some of the startups will pilot their projects through the Rockefeller Foundation’s network of “100 Resilient

Tropical Landscapes financing in Indonesia gets boost from Convergence

ADM Capital, based in Hong Kong, will get an undisclosed amount from the investment matchmaking platform Convergence to develop its plans to boost investment in smallholder farmer livelihood, rural electricity and greenhouse gas reduction in Indonesia. Cash-generating projects in the Tropical Landscapes Financing Facility will be packaged into a Tropical Landscapes Bond in order to

New agriculture fund to protect forests, too

Norway has pledged $100 million to a $400 million fund to protect five million hectares of forest and peatlands by 2020. The new fund, to be managed by the Dutch manager IDH, will invest in forest-rich countries to boost the productivity of farmers while protecting forests and reducing greenhouse gas emissions. Unilever is the first corporate

Global green bonds more than doubled in 2016, led by China

Climate Finance The world’s biggest carbon-emitter raised $36.2 billion for bonds to meet its ambitious carbon reduction targets. That pushed the global value of green bonds issued last year to a record $93 billion, up 120 percent from 2015. Moody’s Investor Services said green bond issues could more than double again in 2017, to $206

Last large wild places on earth continue to shrink

And the size of the remaining intact forests globally has fallen by 7 percent since 2000, mostly due to the encroachment of agriculture and timber operations. Large swathes called “intact forest landscapes” contribute more to conservation by capturing carbon and supporting ecosystem diversity than smaller forest segments. Brazil recently pledged to restore 22 million hectares

Norwegians back d.light to expand ‘pay-as-you-go’ solar in Africa and Asia

Climate Finance Norway’s largest pension fund and its state-owned investment fund took a $5 million equity stake in d.light, one of the largest of the new crop of off-grid solar providers targeting the more than one billion people, mostly in Africa and Asia, who lack access to reliable electricity. The investment is the latest in

Norwegians back d.light to expand ‘pay-as-you-go’ solar in Africa and Asia

Norway’s largest pension fund and its state-owned investment fund took a $5 million equity stake in d.light, one of the largest of the new crop of off-grid solar providers targeting the more than one billion people, mostly in Africa and Asia, who lack access to reliable electricity. The investment is the latest in a line