QIA secures first green loan worth USD 5 bn: Qatar’s sovereign wealth fund the Qatar Investment Authority (QIA) raised some USD 5 bn from global debt markets in December to finance green investments, Al Arabiya reported last week, citing unnamed sources. The funds were raised by QIA subsidiary the Qatar Holding Company as part of a five-year loan due to be repaid in mid-December 2027, the sources added. The total amount of the loan wasn’t disclosed, nor is it clear whether it will all be channeled into green investments by the QIA.

Where is the money coming from? 12 banks are said to have participated in the loan including HSBC, JP Morgan, Agricultural Bank of China, Goldman Sachs, Deutsche Bank, Standard Chartered, Mitsubishi UFJ Financial, Bank of China, Bank of America, Credit Agricole, US Citigroup, and one unnamed bank.

Advisers: White and Case provided counsel to the Qatar Holding Company and Linklaters advised the banks responsible for the loan, Al Arabiya notes, citing a document it has seen.

IN OTHER CLIMATE FINANCE NEWS- Germany will provide Tunisia with a EUR 105 mn technical cooperation grant to combat climate change and encourage the use of renewable energy among other development efforts, Tunisia’s Foreign Ministry said in a statement.

And there’s more on the way: German state lender KfW also signed a number of agreements with Tunisia’s Foreign Ministry to finance nine projects in the renewable energy, water, and rural development sectors of the North African country worth EUR 300 mn, the statement notes.