Tag Archives: blended finance

European Investment Bank and UN Green Climate Fund Sign First Financing Agreement to Support Climate Action in Developing Countries

(IN BRIEF) The European Investment Bank and the United Nations Green Climate Fund have signed their first financing agreement, enabling the GCF to commit €200 million to the Global Green Bond Initiative Fund. The fund, managed by Amundi, is a … Read the full press release

BBVA Mobilizes €27 Billion for Sustainable Development in Emerging Markets at FFD4

(IN BRIEF) At FFD4 in Seville, BBVA announced it had allocated €27 billion in 2024 to sustainable infrastructure, climate action, entrepreneurship, and financial inclusion in Mexico, South America, and Turkey—up 60 percent from 2023—while its Microfinance Foundation provided €1.5 billion … Read the full press release

EIB’s Anchor Commitment Brings SDG Outcomes Fund to USD 100 Million Final Close

(IN BRIEF) The SDG Outcomes Fund, a USD 100 million blended-finance vehicle created by UBS Optimus Foundation and Bridges Outcomes Partnerships, has achieved final close with an additional USD 18 million anchor commitment from the EIB—backed by the European Commission … Read the full press release

IDB and EIB Join Forces in Seville to Ramp Up Co-Financing, Private Investment and EU-Backed Projects in Latin America and the Caribbean

(IN BRIEF) At FfD4 in Seville, the IDB and EIB signed a cooperation agreement to intensify financing and reinforce development impact in Latin America and the Caribbean. The framework focuses on expanding joint sovereign-backed loans, mobilizing private capital through blended … Read the full press release

FMO Structures Innovative US $26.5 Million Debt Package for Zambia’s First Market-Based Ilute Solar Project

(IN BRIEF) FMO acted as Mandated Lead Arranger on a US $26.5 million financing package for the 32 MWp Ilute Solar Project in Western Zambia. The two-tranche debt structure—senior debt underwritten by FMO, Triodos, and SEFA, plus a subordinated tranche … Read the full press release

Emerging Markets Climate Action Fund Secures €450 Million, Paving the Way for Major Climate Investments in Developing Countries

(IN BRIEF) The Emerging Markets Climate Action Fund (EMCAF), a partnership between the European Investment Bank (EIB) and Allianz Global Investors, has reached a closing total of €450 million with the final €20 million contribution from Germany’s Kreditanstalt für Wiederaufbau … Read the full press release