The UN Capital Development Fund is pleased to announce international insurance group, Howden, as a new addition to its long list of private sector partners helping fight climate change in the Pacific.

With the issuance of this Green Bond, CIFI will promote sustainable development in Latin America and the Caribbean by financing several green projects in renewable energy: solar, wind, geothermal power, biomass or biogas power, and hydropower.

The proceeds from the bond will be dedicated exclusively to providing loans to female entrepreneurs in India.

The "Advancing Climate Adaptation in the Southern Mediterranean" program aims to increase climate and environment resilience in the Southern Mediterranean countries.

The proceeds of this Green Bond will be used to finance electric mobility, renewable energy, and energy efficiency projects.

Through this funding, the company plans to disburse income-generating loans worth INR 5,000 crore in the next five years, resulting in an overall reduction of four million tones of carbon emission, the firm said in a statement on 3 October.

With the issuance of this Green Bond, Zuoli will finance, amongst others, green buildings and energy efficiency projects in the Zhejiang province.

The workshop will be delivered in English with French and Arabic interpretation.

The pan-African financial institution will use the funds to finance the green transition through sustainable infrastructure in Africa.

Both products offer combined insurance cover against heavy wind and rainfall and are designed to offer immediate financial support after extreme weather events.