India's National Bank for Agriculture and Development (NABARD) and the Green Climate Fund (GCF) have sanctioned US$34.4 million support for a groundwater recharge and solar micro-irrigation project to ensure food security and enhance resilience in vulnerable tribal areas of Odisha.
The African Development Bank (AfDB) has approved US$50 million of framework financing for small-scale renewable energy projects in Zambia, after recent droughts caused a serious electricity supply deficit due to the country’s heavy reliance on hydropower.
The Green Climate Fund (GCF) will provide a US$50 million loan and a US$2.5 million grant to the African Development Bank to support 100MW of -
primarily solar - projects under Zambia’s Renewable Energy Financing Framework.
The Green Climate Fund (GCF) is providing a US$12 million grant as additional financing for 6MW of grid-connected solar PV combined with 3MW/12MWh of battery energy storage projects on the Cook Islands.