COP29, the latest annual climate summit, had one job: to strike a deal to provide the money needed to respond to climate change. It failed. This was the first climate summit dedicated to finance. Global south countries estimate they need a combined US$1.3 trillion a year to transition to low-carbon economies
Tag: Finance
IPDC Finance Joins SME Foundation’s Credit Wholesaling Program
IPDC Finance is delighted to announce its participation in the agreement signing ceremony for the third phase of the SME Foundation’s revolving fund loan disbursement program. This initiative aims to disburse an additional BDT 450 crore in loans to Cottage, Micro, Small, and Medium Enterprises (CMSMEs). IPDC Finance plays a
G20 finance ministers meet on world economy hit by crises, conflicts
IPDC Finance announces Ariful Islam as Chairman
Beware climate finance charade
Finance has increased, not reduced, greenhouse gas (GHG) emissions. Meanwhile, funding for mitigation, and especially adaptation, is grossly inadequate, with little for climate losses and damages. Global warming accelerating Rich countries are mainly responsible for the fast-worsening global warming as developing nations suffer more of its adverse effects. Worse, they are much
MoU signed between IPDC and Enroute Greeneries
IPDC Finance Limited has taken a stride towards fostering economic inclusivity and environmental sustainability through a strategic collaboration with Enroute Greeneries Limited. The two entities have signed an MoU solidifying their shared commitment to empower underserved communities while championing eco-friendly practices. During the signing Rizwan Dawood Shams, AMD, IPDC Finance
UN financing appeal last hope for SDGs and climate?
The United Nations Secretary-General’s Dialogue on Financing for Development on 20 September may well be the world’s last chance to save the Sustainable Development Goals (SDGs) and curb global warming in time. The UN and international finance Many features of the international financial system – including multilateral arrangements developed over many decades
Tech, finance, PPP initiative vital for Smart Bangladesh: Speakers
Speakers at a symposium today said that technology, finance and PPP initiative are crucial in building disaster resilient Smart Bangladesh. They said this while addressing a symposium on "Private sector's participation in disaster risk management: towards Smart Bangladesh" organized jointly by the Dhaka Chamber of Commerce and Industry (DCCI) and Strengthening
IPDC Joyee holds workshop for women entrepreneurs
IPDC Joyee has organized a special workshop titled 'Access to Finance: Challenges and Solutions for Women Entrepreneurs', a press release said Wednesday. The session was moderated by TawhidaShiropa, CEO of MonerBondhu and Mohsena Munna, co-founder of De Tempete. Rizwan Dawood Shams, AMD of IPDC Finance, and Fahim Mashroor, CEO of
LankaBangla Finance signs deal with Barikoi Tech
LankaBangla Finance Limited (LBFL) has recently signed an agreement with Barikoi Technologies Limited, a tech solution provider, for convenient contact point verification (CPV) service, a press release said Wednesday. Head of Operations, A. K. M. Kamruzzaman, FCMA of LankaBangla Finance Limited and Managing Director and CEO of Barikoi Md Al