International Development Association

GLOBAL CITIZEN AND BRIDGEWATER ASSOCIATES, IN PARTNERSHIP WITH THE GOVERNMENT OF CÔTE D'IVOIRE, ANNOUNCE AN ECONOMIC SUMMIT IN ABIDJAN TO ADDRESS KEY DEVELOPMENT BARRIERS AND ENERGY POVERTY ACROSS THE CONTINENT

Retrieved on: 
Montag, April 29, 2024

NAIROBI, Kenya, April 29, 2024 /PRNewswire/ -- Today, at the IDA for Africa Heads of State Summit in Nairobi, Kenya, Global Citizen and Bridgewater Associates, in partnership with the Government of Côte d'Ivoire and Harith General Partners, announced an Economic Summit in Abidjan. This two-day summit will take place on October 9-10, 2024 in Abidjan, Côte d'Ivoire, and gather Heads of State, Finance Ministers, private sector leaders, Multilateral Development Banks and civil society to drive major financial investments to end extreme poverty across the African continent through support for the World Bank's IDA replenishment and its initiative to deliver energy to 250 million Africans by 2030.

Key Points: 
  • This year, the World Bank must secure more than USD$100B in financing for its IDA21 replenishment to be able to advance these goals.
  • Co-Chairs of the Summit are Nir Bar Dea, CEO, Bridgewater Associates and Tshepo Mahloele, Founder & Chairman, Harith General Partners.
  • Major partners of the Economic Summit include the Government of Côte d'Ivoire and Harith General Partners.
  • The International Development Association can be a crucial element of each country's development strategy, but we need more than just IDA.

Unprecedented call for reform of global finance to fix debt & climate crises – Project Everyone letter

Retrieved on: 
Montag, April 15, 2024

The letter is being published ahead of World Bank and IMF Spring Meetings and builds on calls for global public finance reform led by Barbados Prime Minister Mia Mottley, Kenyan President William Ruto, and French President Emmanuel Macron.

Key Points: 
  • The letter is being published ahead of World Bank and IMF Spring Meetings and builds on calls for global public finance reform led by Barbados Prime Minister Mia Mottley, Kenyan President William Ruto, and French President Emmanuel Macron.
  • It urges rich countries to triple their investment in multilateral development banks, end crippling debt, and make polluters pay for the environmental damage they cause.
  • “The institutions of world finance have lost their muscle,” the letter reads.
  • Climate change has brought untold suffering to our people through loss of infrastructure and arable lands, leading to incessant hunger.

War on global warming intensifies, Dominica already on a clear path to resilience: CS Global Partners

Retrieved on: 
Donnerstag, Juli 21, 2022

Following the catastrophe caused by Hurricane Maria, the Prime Minister of Dominica, Dr. Roosevelt Skerrit, vowed to build a climate-resilient nation and reduce the countrys dependence on fossil fuels.

Key Points: 
  • Following the catastrophe caused by Hurricane Maria, the Prime Minister of Dominica, Dr. Roosevelt Skerrit, vowed to build a climate-resilient nation and reduce the countrys dependence on fossil fuels.
  • Since the announcement, the government of Dominica developed and implemented a robust framework to ensure the achievement of this goal.
  • The Climate Resilience Execution Agency for Dominica (CREAD) , a formal body to spearhead these effortswas also created.
  • Further, there have been initiatives by Dominica to create a sustainable environment where renewable energy resources are effectively utilised.

Dominica increases Geothermal Energy Capabilities to Reach Climate Resiliency Goals

Retrieved on: 
Mittwoch, Juni 15, 2022

These include developing and enhancing its renewable energy capabilities, as well as sustainable housing, healthcare and educational facilities.

Key Points: 
  • These include developing and enhancing its renewable energy capabilities, as well as sustainable housing, healthcare and educational facilities.
  • The Commonwealth of Dominica already obtains 28% of its energy requirements from renewable energy sources such as hydropower and wind.
  • Geothermal power plants essentially work the same as coal or nuclear power plant, the main difference being the heat source.
  • Brimming with hot springs, geysers, and volcanic activity where the Earth is particularly hot just below the surface, Dominica is the perfect location to manifest geothermal energy.

Dominica increases Geothermal Energy Capabilities to Reach Climate Resiliency Goals

Retrieved on: 
Mittwoch, Juni 8, 2022

These include developing and enhancing its renewable energy capabilities, as well as sustainable housing, healthcare and educational facilities.

Key Points: 
  • These include developing and enhancing its renewable energy capabilities, as well as sustainable housing, healthcare and educational facilities.
  • The Commonwealth of Dominica already obtains 28% of its energy requirements from renewable energy sources such as hydropower and wind.
  • Geothermal power plants essentially work the same as coal or nuclear power plant, the main difference being the heat source.
  • Brimming with hot springs, geysers, and volcanic activity where the Earth is particularly hot just below the surface, Dominica is the perfect location to manifest geothermal energy.

Amy C. Grey and Matthew T. Brown Promoted to Co-Directors of Asset Management at Brookwood Financial Partners, LLC

Retrieved on: 
Montag, Dezember 20, 2021

BEVERLY,Mass., Dec. 20, 2021 /PRNewswire/ --Brookwood Financial Partners, LLC ("Brookwood"), a nationally-recognized private equity real estate investment firm, is pleased to announce that Amy C. Grey and Matthew T. Brown have been promoted to co-directors of Asset Management for the firm.

Key Points: 
  • BEVERLY,Mass., Dec. 20, 2021 /PRNewswire/ --Brookwood Financial Partners, LLC ("Brookwood"), a nationally-recognized private equity real estate investment firm, is pleased to announce that Amy C. Grey and Matthew T. Brown have been promoted to co-directors of Asset Management for the firm.
  • There she oversaw the leasing, property management, budgeting, and financial analysis for that portfolio of properties.
  • Ms. Grey began her career with Brookwood as an Acquisitions Analyst, where she primarily underwrote and managed the due diligence process for new acquisitions.
  • Prior to joining Brookwood, Ms. Grey was an Associate at TA Associates Realty, a leading provider of real estate investment management services in the United States.

NewPoint Adds Senior Team Members Building Out A Leading Affordable Housing Finance Platform

Retrieved on: 
Mittwoch, November 10, 2021

These producers will focus on Agency and Proprietary Affordable Housing lending and join NewPoints Product and Underwriting teams exclusively focused on meeting the needs of the affordable housing community.

Key Points: 
  • These producers will focus on Agency and Proprietary Affordable Housing lending and join NewPoints Product and Underwriting teams exclusively focused on meeting the needs of the affordable housing community.
  • Dickson and Kim join NewPoint at a seminal time as it is making an aggressive push to build a leading affordable housing finance platform and looks to drive change in all areas of multifamily lending.
  • In todays market, that means becoming a leader in affordable housing finance, said NewPoint CEO David Brickman.
  • The addition of affordable housing focused originators is an expansion to the Affordable Housing team already in place at NewPoint and led by industry veterans:
    Joshua Schonfeld serves as NewPoints Head of Affordable Housing Program and Transaction Management.