ESG & Climate Finance News

November 9, 2023

The IDB approves loan for US$200 million to electrify rural communities in Bolivia

The IDB approved a US$200 million dollar loan in support of a Bolivian program that works to universalize electric energy service, specifically in…

November 9, 2023

CDB to launch innovative project preparation fund

The Caribbean Development Bank (CDB) is launching a climate change project preparation fund to support its Borrowing Member Countries (BMCs) in…

October 12, 2023

Panamanian wind farm company issues US$200 million corporate green bond

Panamanian wind farm owner, Parque Eolico Toabre SA, issued a US$200 million green bond on the Panama stock exchange. Source: Renewables Now 

October 12, 2023

The Asian Infrastructure Investment Bank (AIIB) approves US$65 million loan for wind farm in Argentina

The Asian Infrastructure Investment Bank (AIIB) approved a loan for US$65 million to go towards financing the construction of a wind farm and…

October 12, 2023

Brazil’s Superintendency for the Development of the Northeast (Sudene) approves US$24.5 million for wind projects in Bahia

Brazil’s Superintendency for the Development of the Northeast (Sudene) is set to loan US$24.5 million to support 116 MW of wind energy projects…

September 28, 2023

St. Vincent & Grenadines endorse the Bridgetown Initiative

St. Vincent & Grenadines endorsed the Bridgetown Initiative, which was created by Barbados Prime Minister, Mia Mottley, to transform the flow of…

September 28, 2023

The IDB and Banco do Brasil sign letter of intent to fund sustainable development in the Amazon rainforest

The IDB and Banco do Brasil signed a letter of intent for a US$250 million credit line to fund sustainable development in Brazil’s Amazon…

September 14, 2023

EIB and Allianz Global Investors commit US$77.5 million towards renewable infrastructure projects in Brazil

The European Investment Bank and Allianz Global Investors have made a US$77.5 million commitment towards the development of renewable infrastructure…

September 14, 2023

Petrobras purchases carbon credits from rainforest project

Brazil’s state-controlled oil company, Petrobras, purchased credits in the voluntary carbon market from a project aimed at preserving rainforest.…