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Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)

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    • The Islamic Corporation for the Insurance of Investment and Export Credits (ICIEC) and Standard Chartered Partner for a Transformative Solar Electrification Project in Senegal (1)
    • The Islamic Corporation for the Insurance of Investment and Export Credits (ICIEC) and Standard Chartered Partner for a Transformative Solar Electrification Project in Senegal (2)
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Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

The Islamic Corporation for the Insurance of Investment and Export Credits (ICIEC) and Standard Chartered Partner for a Transformative Solar Electrification Project in Senegal

This ambitious project, valued at EUR 103 million, aims to harness solar energy to power streetlights across Senegal's rural areas, improving the quality of life, and supporting economic activities reliant on consistent energy access

At the COP 28 event in the United Arab Emirates, a significant partnership was forged through the signing of a Non-Honoring of Sovereign Financial Obligation (NHSFO) agreement between The Islamic Corporation for the Insurance of Investment and Export Credits (ICIEC) (https://ICIEC.IsDB.org), a multilateral credit and political risk insurer and a…

U.S. Agency for International Development (USAID)
Source: U.S. Agency for International Development (USAID) |

Administrator Samantha Power And Special Envoy Kerry Announce New United States Agency for International Development (USAID), Private Sector Commitments to Mobilize Finance for Climate Adaptation Under the President’s Emergency Plan for Adaptation and Resilience (PREPARE)

The PREPARE Call to Action invites businesses to make new, significant commitments to building climate resilience around the world

USAID Administrator Samantha Power and Special Presidential Envoy for Climate (SPEC) John Kerry announced today that 21 new companies have committed to invest in climate adaptation as part of the Call to Action to the Private Sector under the President’s Emergency Plan for Adaptation and Resilience (PREPARE). Their efforts, in…

U.S. Agency for International Development (USAID)
Source: U.S. Agency for International Development (USAID) |

The United States Agency for International Development (USAID) Commits $53 Million to Address Climate Change in Cities

This funding complements and expands USAID’s ongoing work to enable and empower local governments and vulnerable communities to realize their own resilient, low-carbon futures

Today at COP28, USAID Administrator Samantha Power announced that USAID is committing more than $53 million for new low-carbon and climate resilient activities in 23 cities in Asia, Africa, Latin America, and the Caribbean. These funds will provide resources to translate national climate ambitions into local action in urban areas.…

United Nations Environment Programme (UNEP)
Source: United Nations Environment Programme (UNEP) |

The Buildings Breakthrough: Global push for near-zero emission and resilient buildings by 2030 unveiled at COP28

To maintain momentum for this initiative, the first-ever Buildings and Climate Global Forum will be held on 7-8 March 2024 in Paris, France

The Governments of France and Morocco, together with the UN Environment Programme (UNEP), launched the Buildings Breakthrough today at COP28, which will see countries joining forces to accelerate the transformation of the sector – which accounts for 21 per cent of global greenhouse gas emissions – with a view to making near-zero…

United Arab Emirates Ministry of Foreign Affairs & International Cooperation
Source: United Arab Emirates Ministry of Foreign Affairs & International Cooperation |

His Excellency Sheikh Shakhboot bin Nahyan highlights United Arab Emirates commitments to Africa at Conference of the Parties (COP28)

Most notable was the allocation of USD 200 million to bolster climate resilience in vulnerable countries, and USD 100 million of new finance for nature-climate projects, with an initial USD 30 million investment as part of the government of Ghana’s ‘Resilient Ghana’ plan

His Excellency Sheikh Shakhboot bin Nahyan Al Nahyan, Minister of State, participated in the ‘Africa Investment Earthshot Leaders’ Summit’ at the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28), which is currently being held at Expo City Dubai. During a keynote speech, His Excellency…

UN News
Source: UN News |

African women on the frontline of peacekeeping

These women are often seen as a beacon of hope and protection for millions of civilians, many of them women and girls, who are struggling to keep safe while helping to rebuild their lives and communities after wars

For over a year, a group of United Nations peacekeepers from Ghana led by Captain Esinam Baah regularly patrolled the “blue line” or the demarcation line between Lebanon and Israel, and visited neighbourhoods in the area, checking in with local families and making sure they were safe. In 2022, Baah…

Afrobarometer
Source: Afrobarometer |

Afrobarometer at Conference of the Parties (COP28): Elevating, adding African voices to the climate conversation

Afrobarometer’s participation at COP28 goes beyond showcasing its rich trove of data, aiming to empower citizens to actively participate in the global conversation on climate action for meaningful impact and change

Afrobarometer (www.Afrobarometer.org), Africa's leading survey research organisation, is set to make a significant impact at the 2023 UN Climate Change Conference (COP28) by spotlighting the voices of African citizens captured in its recent Pan-Africa Profile (https://apo-opa.co/3GtUEYt) on climate change. This underscores the organisation's commitment to fostering a more inclusive and informed…

Global African Hydrogen Summit
Source: Global African Hydrogen Summit |

Inaugural Global African Hydrogen Summit 2024 Launch at Conference of the Parties (COP28) United Arab Emirates (UAE)

GAh2S will focus on the global role Africa expects to play in the hydrogen market and will facilitate collaboration and advance dialogue across policy, investment and the emerging hydrogen value chain

As part of Namibia’s COP28 program, the Namibia Investment Promotion and Development Board (NIPDB), the Environmental Investment Fund of Namibia (EIF), dmg events and Vasco Da Gama Energy are proud to announce the inauguration of the Global African Hydrogen Summit (GAh2S). The Summit is scheduled to take place in Windhoek,…

Islamic Development Bank Group (IsDB Group)

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    • Abu Dhabi Fund for Development hosts the 91st Arab Coordination Group meeting on the sidelines of Conference of the Parties (COP28)
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Source: Islamic Development Bank Group (IsDB Group) |

Abu Dhabi Fund for Development hosts the 91st Arab Coordination Group meeting on the sidelines of Conference of the Parties (COP28)

Discussions centered on strategic objectives to bolster development efforts in developing countries

Abu Dhabi Fund for Development (ADFD) hosted the meeting at the level of directors of operations of the member institutions of the Arab Coordination Group of national and regional development institutions, which coincided with the commencement of the United Nations Climate Change Conference, COP28, in the UAE. The objective of…

Islamic Development Bank Group (IsDB Group)

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    • Arab Coordination Group allocation of US$10 billion to support energy transition
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Source: Islamic Development Bank Group (IsDB Group) |

Arab Coordination Group allocation of US$10 billion to support energy transition

Abu Dhabi Fund for Development hosts the 91st ACG meeting on the sidelines of COP28

The Arab Coordination Group (ACG), a strategic alliance comprising regional and international development institutions, announced today at COP28) an allocation of US$10 billion until 2030. This funding is meant to drive a comprehensive and affordable transition to renewable energy in developing countries. The commitment is an integral part of a…