ESG & Climate Finance News

April 14, 2024

IDB approves $60 million credit line to boost blue economy in the Bahamas

The Inter-American Development Bank (IDB) proposed a US$60 million Conditional Credit Line for Investment Projects aimed at promoting sustainable…

March 28, 2024

IDB Invest issues sustainable bonds to fund infrastructure and projects in Latin America

IDB Invest recently issued two sustainable bonds in local currency. One was valued at 2.5 billion Mexican pesos (about US$150 million) while the other…

March 28, 2024

BBVA Perú secures US$250 million loan for sustainable building projects

BBVA Perú has secured a US$250 million loan from the International Finance Corporation (IFC) and the Japan International Cooperation Agency (JICA).…

March 14, 2024

Genneia raises US$33 million through green bonds

Argentina’s Genneia successfully placed two green bonds and raised a total of US$33 million, which surpassed its intital target of US$10…

February 29, 2024

Hyundai Motor announces US$1.1 billion investment in Brazil for green technology

Hyundai Motor is set to invest over US$1.1 billion in Brazil by 2032, focusing on technology for hybrid, electric, and green hydrogen cars Source:…

February 29, 2024

Panama initiates renewable energy tender — the first of its kind in a decade

Panama’s National Secretariat of Energy (SNE) has issued a resolution directing the Electric Transmission Company SA (ETESA) to organize a…

February 29, 2024

Grupo Greening secures a US$34 million green loan for solar project in Mexico

Grupo Greening 2022 SA secured a US$34.7 million green loan from Banco Santander to help fund the development of a 41.9 MW distributed generation…

February 29, 2024

Casa dos Ventos unveils US$2.4 billion investment plan in renewable energy and green hydrogen ventures

Brazilian renewable energy developer, Casa dos Ventos, plans to invest over US$2.4 billion in renewable energy assets by 2026. The company is…

February 15, 2024

IDB supports Barbados’ sustainable development goals with US$100 million loan

The Inter-American Development Bank has approved a US$100 million loan for Barbados to advance its sustainable development goals by modernizing…