The Green Climate Fund has approved 440 million dollars in new climate financing for Africa, aiming to accelerate resilience and sustainable development across the continent.

Azerbaijan and Kyrgyzstan have approved a project to construct a 5.4 MW small hydroelectric power plant on the Kulun River in Kyrgyzstan's Osh region, according to Kyrgyzstan's Ministry of Economy and Commerce.

The Green Climate Fund has approved $250 million in financing for the Asian Development Bank’s (ADB) new regional program, “From Glaciers to Farms.” The initiative aims to build sustainable water and agricultural systems for vulnerable communities living in glacier-dependent areas across Central Asia, the South Caucasus, and Pakistan.

On Thursday, Syria's President Ahmad al-Sharaa inaugurated the Syrian Development Fund, stating that it will play a crucial role in the country's reconstruction.

Azerbaijan and the Saudi Fund for Development explored opportunities to expand investment cooperation across key sectors such as industry, green energy, digital infrastructure, transportation, logistics, and other strategic areas, Azerbaijani Economy Minister Mikayil Jabbarov said on X.

Saudi Arabia's Crown Prince Mohammed bin Salman launched a new company under the Public Investment Fund (PIF) named "Humain" to develop and manage artificial intelligence technologies, the state news agency reported on Monday.