Build Forward: An ambitious initiative to accelerate the energy transition in the Caribbean

November 29, 2021

By Therese Turner Jones and Roberto G. Aiello While the Caribbean’s Greenhouse Gas (GHG) emissions are low compared to the global aggregate, the region is highly vulnerable to the impacts of climate change, manifest in rising sea levels, warmer temperatures and increased intensity of hurricanes. The last three years have also seen a record rise […]

The green hydrogen plans of Brazil’s Pecém port

November 26, 2021

Brazil’s Ceará state is planning to transform the state into a hub for green hydrogen production. This initiative creates opportunities for Pecém port, 70% controlled by Ceará state and 30% by Rotterdam port, to attract international companies. Read Duna Godmin Uribe, Pecém’s commercial director, interview with BNamericas about the potential economic impact of such initiatives. […]

Chile, Brazil best positioned to reap green hydrogen first-mover advantage

November 26, 2021

Hydrogen production is developing fast in some Latin American nations as policymakers and investors grapple with the region’s vast potential and unique challenges, including Chile and Brazil.   Source

Exporting green hydrogen to the EU will be too expensive, but not its derivatives

November 26, 2021

Producing green hydrogen in the European Union will be more economically feasible than importing it, but the opposite will happen with its derivatives, such as ammonia, methanol and synthetic fuels, according to a new study by the German think tank Agora Energiewende. Source (in Spanish)

IDB Invest to support Central America, Dominican Republic, Colombia through new fund

November 26, 2021

IDB Invest has invested $10 million in CASEIF IV L.P., a new mezzanine debt and private equity fund managed by LAFISE Investment Management Ltd. that will provide mezzanine finance and equity for high-growth potential mid-sized companies in Central America, Panama, the Dominican Republic, and Colombia. With a target size of $75 million and $450,000 of […]

S&P Dow Jones Indices launches ESG Version of the S&P 500 Equal Weight Index

November 26, 2021

S&P Dow Jones Indices, the world’s leading index provider, has announced the launch of the S&P 500 Equal Weight ESG Leaders Select Index. Based on the equal weighted version of the iconic S&P 500®, the new benchmark bridges the benefits of equal weight indices with a significant improvement in ESG performance from the parent S&P […]

Guyanese to be trained to function in low-carbon economy

November 26, 2021

As Guyana positions itself for a sustainable future, Guyanese will have to be properly trained how to function in a low-carbon economy. This is outlined in the government’s expanded Low-Carbon Development Strategy (LCDS), which points to the importance of education, the need for academic institutions to build resilience, and the need to be able to […]

Seabased signs site deal for 40-MW wave energy project in Bermuda

November 26, 2021

Wave energy company Seabased announced that it has signed an agreement with the Bermuda government to advance on the development of a 40-MW commercial ocean wave power park. Once completed, the project would feed into the island’s grid and meet about 10% of Bermuda’s energy demand. Source

Evergo Jamaica to add 300 EV stations

November 18, 2021

Evergo Jamaica has earmarked US$1 million for the second phase of its installation of electric vehicle (EV) charging stations across the island. Source