World Bank opens up $60m climate finance scheme to developing nations

BusinessGreen staff
clock

International Finance Corporation says scheme will help fund green startups in developing economies

The World Bank has set up a $60m (£38m) private and public fund to promote green innovation and boost clean technologies in emerging markets. The International Finance Corporation (IFC), a member of...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

Subsea trenching firm Enshore Subsea secures £100m funding boost

Subsea trenching firm Enshore Subsea secures £100m funding boost

Investment to help accelerate delivery of offshore energy projects, including three German North Sea contracts and cable installations in Scotland and Senegal

clock 29 January 2026 • 2 min read
National Wealth Fund to invest over £100bn in industries driving clean energy growth

National Wealth Fund to invest over £100bn in industries driving clean energy growth

Fresh funding expected to create and support more than 200,000 jobs, while saving 500 million tonnes of CO2 emissions by 2050

Stuart Stone
clock 28 January 2026 • 3 min read
Low Carbon raises £500m for European renewables pipeline

Low Carbon raises £500m for European renewables pipeline

New funding package to help drive clean energy company’s expansion plans in the UK, Germany, and Poland

clock 28 January 2026 • 2 min read