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South African state power utility Eskom sees an opportunity to emerge from years of crisis by shifting from coal-fired power generation towards natural gas and renewables, its chief executive told Reuters.
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Switzerland has launched a new public-private partnership to raise up to 1 billion Swiss francs ($1.09 billion) for social and environmental projects in developing countries.
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Egypt is expected to finalise a $3 billion loan to be used in part to finance sustainable projects, three sources said, as the nation attempts to recover from a drop in tourism during the COVID-19 pandemic.
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Japan must encourage climate-transition financing by investors as many small and medium-sized companies must reshape their business operations before becoming completely green, former Bank of Japan deputy governor Hiroshi Nakaso said on Monday.
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UN climate envoy Mark Carney called on Wednesday for more blended finance facilities to mobilise private finance to help the developing world access climate finance, saying the money was there.