October 16, 2023/FBNQuest Research The most recent data from the National Pension Commission (PenCom) shows that the total asset under management (AUM) of the regulated pension industry increased by 2% m/m to NGN17.1trn as at Jul ’23. This is slightly behind the 4% AUM growth rate recorded the previous month. […]
Updates
2023/IMF, World Bank Annual Meetings: Multilateral Development Banks pledge stronger financing capacity for greater impact
To achieve a greater impact, the institutions have agreed to explore innovations to scale up financing capacity, boost climate action, strengthen co-financing and catalyse private sector engagement October 16, 2023/AfDB Heads of multilateral development banks (MDBs) attending this year’s IMF/World Bank Annual Meetings in Morocco have pledged to strengthen their […]
Multilateral Development Banks deliver record climate finance of close to $61 billion for low and middle-income economies in 2022
Of the amount, $38.0 billion, or 63%, went into climate change mitigation finance, and $22.7 billion or 37%, supported climate change adaptation October 16, 2023/AfDB Volumes include $22.7 billion for climate change adaptation; Worldwide MDB climate finance reaches nearly $100 billion, up from $82 billion in 2021; Global private finance stands at […]
