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Islamic Development Bank

climate finance

Financing to address climate change is growing year on year

Climate finance committed by multilateral development banks (MDBs) rose between 2019 and 2020 with 58% committed to low- and middle income economies, according to a 2020 joint report coordinated by the EBRD.
WEF

$300m energy trade finance portfolio to be launched

US-based investment managers Federated Investors and Saudi-based International Islamic Trade Finance Corporation (ITFC) yesterday announced an agreement to launch a sovereign energy trade finance portfolio. Federated Investors and ITFC have worked together on a broad...

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