Category: Finance

On 13 June, the Financial Action Task Force (FATF) adopted a revised travel rule for payments and value transfers – known as Recommendation 16 (R.16). This decision followed two years of intense internal discussions and two rounds of public consultations, which drew over 300 responses. Financial institutions will need to comply with the updated rule […]

Vienna-based independent power producer Renalfa IPP has closed a landmark €315 million Holdco Financing led by the European Bank for Reconstruction and Development (EBRD), with support from a consortium of EU-backed lenders. The funding will drive a €1.2 billion investment programme aimed at deploying 1.6 GW of renewable generation capacity and 3.3 GWh of co-located […]

In a landmark move for climate finance, Chestnut Carbon, a U.S.-based nature-based carbon removal startup, has secured a $210 million non-recourse project finance facility to accelerate large-scale afforestation efforts. The deal marks the first infrastructure-style financing in the U.S. voluntary carbon market. The facility is anchored by Microsoft’s 25-year offtake agreement, under which the tech […]

UAE-based SpaceTech firm Space42 has secured a $695.5 million Export Credit Agency (ECA)-backed financing facility to support the development of its next-generation geostationary satellites, Al Yah 4 and Al Yah 5. The funding was arranged by Crédit Agricole CIB, Santander CIB, Société Générale, and Natixis, and is backed by Bpifrance Assurance Export, reflecting strong international […]

Asia Capital Real Estate (ACRE), a leading private real estate fund manager specializing in U.S. housing, has successfully closed its second credit fund, ACRE Credit Fund II, with $1 billion in capital commitments. The fund reached its hard cap and was fully subscribed, reflecting strong investor confidence in ACRE’s platform and strategy. Launched in response […]

In the first months of Donald Trump’s second term as president, his policies – from sweeping tariffs and aggressive immigration enforcement to attacks on diversity, equity and inclusion – have thrown U.S. businesses into turmoil, leading to a 26-point decline in CEO confidence. Yet despite this volatility, many American corporations have remained notably restrained in […]

Corporate leaders and billionaires are often viewed as visionaries and wealth creators. But beneath the surface, many are trapped in an invisible financial “crisis” – one rooted not in market volatility or poor investments but in their psychological relationship with money. As a finance professor and editor of the forthcoming book “Financial Therapy for Men,” […]

Imagine an investment officer at a development finance institution (DFI) reviewing a follow-on proposal from a financial inclusion fund they backed five years ago. The first fund invested in a range of Series B-stage financial services providers (FSP). But now, as they consider a second investment into a second fund, they realize something’s missing: outcomes […]

The U.S. has the highest rate of maternal mortality among developed nations. Since 1987, the Centers for Disease Control and Prevention has administered the Pregnancy Risk Assessment Monitoring System to better understand when, where and why maternal deaths occur. In April 2025, the Trump administration put the department in charge of collecting and tracking this […]

Thirty years ago, CGAP was established to prove the concept of microcredit as a way to benefit people and economies. Since then, our vision has evolved as microcredit morphed into microfinance, then into financial inclusion and digital finance, and, most recently, into inclusive finance.     Three decades on, the world is a very different […]