ESG & Climate Finance News

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…

February 15, 2024

Enhancing climate resilience in Antigua and Barbuda

The Commonwealth Secretariat, in collaboration with the Government of Antigua and Barbuda, is moving ahead with efforts to enhance climate resilience…

February 15, 2024

IDB and JICA agree additional US$1bn for Cooperation for Economic Recovery and Social Inclusion (CORE) program

The Inter-American Development Bank Group (IDB Group) and the Japan International Cooperation Agency (JICA) have decided to boost co-financing under…

February 15, 2024

IDB Invest and JPS sign US$100 million deal to upgrade Jamaica’s power infrastructure

IDB Invest and Jamaica Public Service Company Limited (JPS) have signed a US$100 million financing deal aimed at bolstering JPS’ capital…

February 15, 2024

CAF achieves record-breaking bond placement in European market

CAF, the Development Bank of Latin America and the Caribbean, recently completed its largest bond placement in Europe, issuing a benchmark EUR1.5…