South African state power utility Eskom sees an opportunity to emerge from years of crisis by shifting from coal-fired power generation towards natural gas and renewables, its chief executive told Reuters.
Switzerland has launched a new public-private partnership to raise up to 1 billion Swiss francs ($1.09 billion) for social and environmental projects in developing countries.
Egypt is expected to finalise a $3 billion loan to be used in part to finance sustainable projects, three sources said, as the nation attempts to recover from a drop in tourism during the COVID-19 pandemic.
Japan must encourage climate-transition financing by investors as many small and medium-sized companies must reshape their business operations before becoming completely green, former Bank of Japan deputy governor Hiroshi Nakaso said on Monday.
UN climate envoy Mark Carney called on Wednesday for more blended finance facilities to mobilise private finance to help the developing world access climate finance, saying the money was there.