Day: 27 February 2024

IFC Supports New Fund to Address Infrastructure Gaps, Cut Carbon Emissions Across Asia and Africa

Stuart Mitchell

A new IFC investment will help address critical infrastructure gaps, facilitate trade, and boost access to renewable energy in Asia and Africa, helping support job creation, foster GDP growth and tackle significant challenges such as food poverty, supply chain disruptions, and climate change. IFC is investing $50 million in equity to bolster A.P. Moller Capital’s $1 billion Emerging Markets Infrastructure Fund II (“EMIF II”), joining forces with a consortium of global partners. Approximately 50 percent of the fund will be invested in each of Africa and South and Southeast Asia.…

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$15M additional funding to tackle food waste around the world.

Stuart Mitchell

Work tackling the huge environmental cost of food waste has been given a massive boost this year, as international climate action NGO WRAP receives catalytic funding from the Ballmer Group. The $15M funding will support essential work by WRAP and our partners in tackling food loss and waste through existing Voluntary Agreements in Australia, Indonesia, Mexico, South Africa and to create a new food waste voluntary agreement in Brazil. The funding covers ongoing work with money allocated to each nation to increase the systemic Target-Measure-Act approach to reduce food waste…

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South Africa hosts first in-person meeting of Plastics Pacts Network

Stuart Mitchell

The first ever meeting of the international members of the Plastics Pact Network  convened in South Africa today, with delegates from around the world meeting in Cape Town. The inaugural three-day intensive programme is a chance for all to share experiences and knowledge to accelerate critical work reducing the global impact of plastic waste, and pollution. Representatives from twelve of the thirteen Plastics Pact Network members – convened by the Ellen MacArthur Foundation and WRAP – attended from Australia (representing New Zealand and four Pacific Islands), Canada, Chile, Colombia, India,…

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Golden tickets from Albert Bartlett give back to local charities

Stuart Mitchell

Leading potato supplier Albert Bartlett, which has supplied the equivalent of over11m meals to FareShare during its 14-year relationship with the UK’s biggest charity tackling food waste for social good, had a special festive surprise in its potato bags. Five charities found golden tickets worth £100. These tickets will be used by the charities to buy essentials that they need to support their communities. Lucky Golden Ticket winners included: Laurence’s Larder and Open Kitchen, Northwest London The Food Chain, North London Kellands School, Aberdeenshire Dundee Survival Group, Dundee Faifley Community…

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Sustainable Apparel Coalition Expands Reach

Stuart Mitchell

The Sustainable Apparel Coalition announced a significant milestone welcoming its first member in Korea, Hansoll Textile Ltd. New members, like Hansoll, reflect ongoing efforts to elevate APAC manufacturing voices, which are critical to the SAC’s mission of industry transformation. “We are thrilled to celebrate the milestone of expanding our reach to Korea with new member Hansoll,” said Andrew Martin, executive vice president of the SAC. “As we demonstrate our commitment to engage more manufacturers in the APAC region, we are honored and humbled by new members that demonstrate their leadership…

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