Business

Call for new World Bank business model to scale up risk taking and financing

Global investors want the World Bank to take more risk so they can scale up climate financing. A White House advisor argues for abolishing the Bank’s AAA rating and allowing it to take more “first-loss...

Business June 17, 2022

Scatec and Swedfund write down value of Ukraine investments

The Norwegian renewable energy company Scatec has written down the value of five solar power plants in...

Business May 06, 2022

Bombardier_Engineering_Site_and_Divisional_Headquarters_Stockholm,_2020.jpg

The Bombardier Sweden affair: World Bank probe has a long reach, but convictions can be elusive

In a Swedish probe triggered by an on-going World Bank investigation into a project in Azerbaijan, prosecutors...

Business April 01, 2022

World Bank refers fewer cases for criminal investigation, no uptick in corruption during pandemic

The World Bank’s anti-corruption unit routinely refers findings to national authorities for criminal...

Business April 01, 2022

Ukrainian windmill, co-funded by four Nordic DFIs, hit by Russian rockets

Nordic aid-funded DFIs have invested EUR 80 million in Ukraine. One of their projects, the country’s...

Business March 04, 2022

Secrecy surrounding Sida’s SEK 450 million guarantee for UNICEF vaccine procurement

Despite Sweden’s strong freedom of information laws, details of a Swedish guarantee to UNICEF for procurement...

Business December 20, 2021

New tool to measure carbon sinks

Forestry plantations are the largest piece in Finnfund’s carbon puzzle. When Finnfund first started putting...

Business October 08, 2021

Finnfund claims to be carbon negative, Norfund has no climate tally

Nordic development finance institutions differ wildly in the reporting of the climate impacts of their...

Business October 08, 2021

Scatec Upington power plant in South Africa Photo Scatec.jpg

Norway’s hybrid financing model for a new NOK 10b climate fund

Norway has adopted a hybrid financing model for a new NOK 10 billion renewable energy fund for emerging...

Business July 08, 2021

How to navigate cronyism and corruption in fragile states: a guidebook

When investing in countries where the state is weak, DFIs and aid agencies must navigate through a mine...

Business June 24, 2021

Business

Subscribe