Ethiopia, IFAD launch US$451m project to help families adapt to climate shocks

Ethiopia, IFAD launch US$451m project to help families adapt to climate shocks

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ETHIOPIA — Half a million of Ethiopia’s most vulnerable families are set to benefit from a new US$451 million project aimed at increasing their resilience to climate shocks in the country’s poorest regions. For more than two decades, climate change has placed…

IFC’s inaugural Green N-Bond raises US$24m for climate-smart investments

IFC’s inaugural Green N-Bond raises US$24m for climate-smart investments

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UNITED STATES—IFC, the largest global development institution focused exclusively on the private sector in developing countries and a member of the World Bank Group, has issued its inaugural euro-denominated green bond in the N-Bond format. IFC in a statement said that the…

Unilever commits to reducing its carbon print by eliminating 100,000 tonnes of plastic by 2025

Unilever commits to reducing its carbon print by eliminating 100,000 tonnes of plastic by 2025

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NIGERIA – British-Dutch transnational consumer goods company, Unilever, has said it will eliminate over 100,000 tonnes of plastic packaging by 2025. Unilever, which produces brands including Dove, Ben & Jerry’s, Lipton and Omo  also revrealed that it intended to collect and process…

Merck to establish its Sustainability Centre at Dubai’s District 2020

Merck to establish its Sustainability Centre at Dubai’s District 2020

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UNITED ARAB EMIRATES– Merck KGaA, a leading science and technology company based in germany, has in October this year, announced the establishment of its Sustainability Centre in District 2020, Dubai. Merk revealed that the center will be launched during Expo 2020 Dubai…

USAID seeks to boost sustainable agriculture with the launch of US$35m Water and Energy for Food Challenge

USAID seeks to boost sustainable agriculture with the launch of US$35m Water and Energy for Food Challenge

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GLOBAL— United States Agency International Development (USAID), has announced US$35 million for the Water and Energy for Food (“WE4F”) Challenge. The announcement was made in October at the Social Capital Markets conference (SOCAP19) in San Francisco, by USAID’s Deputy Administrator Bonnie Glick. …