ESG & Climate Finance News

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…

February 1, 2024

Jamaica Inn takes step towards carbon neutrality with new solar power addition

Jamaica Inn in Ocho Rios, St Ann, is making strides towards achieving carbon neutrality by 2026 by adding a 53-kilowatt photovoltaic solar panel plant…

February 1, 2024

CDF and U.S. announce plans for climate-resilient fund in the Caribbean

The CARICOM Development Fund (CDF) and the United States announced plans for a CARICOM Resilience Fund. The new blended finance initiative, with a…

February 1, 2024

IFC backs Banco Santander Mexico with US$93 million credit guarantee for SME financing

The IFC announced a credit guarantee of US$93 million for Banco Santander Mexico, facilitating increased resources for financing small and…

January 19, 2024

CAF approves US$25 million investment in BTG Pactual Timberland Investment Group’s (TIG) Latin American reforestation strategy

CAF has approved a US$25 million investment in BTG Pactual Timberland Investment Group’s (TIG) Latin American reforestation strategy. TIG, a…

January 19, 2024

Deetken Impact awarded USAID climate grant to advance sustainable energy projects in the Caribbean

The Caribbean Climate Investment Program provides a US$600K grant to the newly launched Caribbean Inclusive Climate Finance Initiative to fund a…