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Sharjah approves water project, UAE

The emirate of Sharjah has approved the AED261 million ($71m) Al Mudina Tank project.

Philippines sets up sovereign wealth fund

Philippines' president Ferdinand Marcos has given the nod to create country's first sovereign wealth fund - the Maharlika Investment Fund (MIF).

Madagascar launches solar tenders

Madagascar has issued tenders for 2 solar PV projects with a total capacity of 210MW.

Philippines approves $3.5bn worth infra projects

The National Economic and Development Authority of the Philippines has approved 3 major infrastructure projects worth a total of $3.5 billion

MEEF inks EV infra loan

The Mayor of London’s Energy Efficiency Fund today announced the provision of a £12 million loan to Westminster Council to overhaul its refuse collection infrastructure

Norton Rose bolsters Oz team

Global law firm Norton Rose Fulbright has expanded its team in Perth and Sydney with the addition of Paul Devlin and Daniel Allman as partners

Indorama secures green trade finance facility

Indorama Ventures Public Co has secured an inaugural sustainability-linked trade finance facility with Sumitomo Mitsui Banking Corp

Bogotá Metro Line 2 financing advances

The Development Bank of Latin America and the Caribbean has approved a $255 million financing for Bogotá’s Metro Line 2 – putting the project one step closer to reality

Trinidad & Tobago taps IDB for national water project

The government of Trinidad and Tobago has secured financing from the Inter-American Development Bank to develop its National Water Sector Transformation Program

EIB lends to solar sector in Brazil

The European Investment Bank has signed an agreement to finance the solar sector in Brazil

EU pledges over $50bn to Lat Am, Caribbean

The EU has launched the EU-LAC Global Gateway Investment Agenda, pledging to invest over €45 billion in the region until 2027

UKEF backs Citi, DB infra loans in Zanzibar

UKEF has signed loans and guarantees to enable a €422 million debt facility for road and airport upgrades in Zanzibar

ADB, GCF ramp up climate financing in Asia

Asian Development Bank and the Green Climate Fund have renewed an accreditation master agreement that will allow the multilateral bank to continue accessing GCF funds for its climate finance ambitions in the APAC region

Ireland launches offshore wind regulator

The Government of Ireland has this week launched the Maritime Area Regulatory Authority to oversee the country’s maritime sector, including offshore energy projects

France’s answer to subsidy-free renewables

The French government is gearing up for a guarantee scheme to promote the adoption of corporate power purchase agreements to reduce the subsidy burden of renewables and manage electricity price fluctuations

IFC appoints head for the Southern Cone

The International Finance Corporation has appointed Manuela Adl as senior country manager for Argentina, Chile, Paraguay and Uruguay