'Game-changer': World Bank unveils multi-billion dollar battery storage investment drive

Michael Holder
clock • 3 min read

Climate finance boost for developing nations also sees BlackRock partner with France, Germany, and philanthropic foundations to scale up renewables

The World Bank has committed $1bn to a new global programme to accelerate investments in battery storage in a bid to help ramp up renewables capacity in developing and middle-income countries, it announced...

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

 Report: Green business M&A activity hits $4.1tr since 2015

Report: Green business M&A activity hits $4.1tr since 2015

New analysis from London Stock Exchange Group shows green deals are on the rise globally, but activity is concentrated among those businesses with existing low carbon holdings

clock 23 June 2026 • 2 min read
Study: Annual private nature investment grew five-fold over the past decade

Study: Annual private nature investment grew five-fold over the past decade

Institutional capital has established a 'stronger presence' in nature markets that were deemed 'fairly niche' only a decade ago, new study finds

Stuart Stone
clock 22 June 2026 • 4 min read
Pensions sector sustainability groups commit to closer collaboration

Pensions sector sustainability groups commit to closer collaboration

TSWG and ICSWG say co-operation could lead to more 'practical' and 'impactful' action

Martin Richmond
clock 22 June 2026 • 2 min read