ESG & Climate Finance News

January 18, 2023

The World Bank provides US$110 million in financing to support Barbados’s transition to low-carbon economic development and climate resilience

The World Bank approves US$110 million in financing for Barbados to support its low-carbon economic development and climate resilience. The loan has…

January 5, 2023

The World Bank grants US$500 million green loan to Banco do Brasil

The World Bank has finalized a green loan of US$500 million to Banco do Brasil to enable the bank to offer more options to companies that are reducing…

January 5, 2023

Engie Energia Chile SA invests US$650 million in two renewable energy projects in Chile

Engie Energia Chile SA will invest US$450 million into the 342 MW Lomas de Taltal wind farm project and US$300 million into the 638-MWh Coya battery…

December 22, 2022

Mexican real estate investment trust, Fibra Macquarie, receives sustainability-linked loan for US$150 million

Mexican real estate investment trust, Fibra Macquarie, has received US$150 million in sustainability linked financing. The first part of the financing…

December 22, 2022

IDB approves a US$1 billion line of credit for investments boosting productivity and sustainable development in Chile

The IDB approved a line of credit for US$1 billion towards investment projects in Chile that will aid in boosting productivity and sustainable…

December 9, 2022

CaribESG 2022 … It’s a wrap!

And … it’s a wrap! On behalf of the New Energy team and Title Sponsors Republic Bank and KPMG, thank you to everyone who joined the 2nd…

December 8, 2022

Guyana signs historic agreement to sell US$750 million worth of carbon credits to the Hess Corporation

Guyana has signed a multi-year deal with the Hess Corporation to sell the US energy major high-quality carbon credits for US$750 million. A…

December 8, 2022

The IFC has granted a green loan of US$25 million to the Inter-American Finance Bank of Peru

The IFC has granted US$25 million to the Inter-American Finance Bank of Peru for green construction, energy efficiency and climate-smart agribusiness…

December 8, 2022

The IDB approves loans for a total of US$650 million to Uruguay and Argentina to aid in the low-carbon energy transition

The IDB has approved two lines of credit to Uruguay and Argentina, one of US$150 million, and another of US$500 million. The loans will be used to…