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2024-11-28 05:42:44

ADB, Mastercard launch innovative partnership to finance MSMEs in Asia and the Pacific
The Asian Development Bank (ADB) and the Mastercard Impact Fund, administered by the Mastercard Center for Inclusive Growth, have signed a memorandum of understanding to establish a groundbreaking partnership aimed at supporting micro, small, and medium-sized enterprises (MSMEs) across Asia and the Pacific. The initiative will initially target Georgia, India, Indonesia, Malaysia, the...

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2024-11-15 07:39:09

IFC scales up climate financing in Vietnam to support green transition
Boosting its support for Vietnam’s green transition and sustainable development, the International Finance Corporation (IFC) has scaled up its long-term investment in the country with a strong focus on climate finance in the last fiscal year. The new commitments aim to bolster Viet Nam’s shift towards a low-carbon economy while enhancing private-sector resilience and...

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2024-11-13 15:25:50

Pentagreen Capital seeks to deploy $1B for Asia’s sustainable infrastructure
Pentagreen Capital, the sustainable infrastructure debt financing company established by HSBC and Temasek, is seeking to deploy $1 billion for Asia’s sustainable infrastructure. Pentagreen has on Tuesday announced progress on the Green Investments partnership, an innovative blended finance program set up to address climate finance gaps and increase the bankability of green and...

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2024-11-14 04:47:34

Singapore commits $500M in matching concessional funding to support decarbonization in Asia
The Singapore Government has committed up to $500 million in concessional funding to support the Financing Asia’s Transition Partnership (FAST-P) launched by the Monetary Authority of Singapore (MAS) last year. MAS said in a statement on Tuesday that FAST-P is a blended finance initiative which brings together international public, private and philanthropic partners to support...

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