ESG & Climate Finance News

November 21, 2024

Neoenergia to invest US$52.2 million in renewable energy project for Fernando de Noronha

Neoenergia SA, a Brazilian utility company, announced an investment of US$52.2 million to expand renewable energy use in Pernambuco’s Fernando de…

November 21, 2024

Enel to invest US$40 billion in grid and renewable energy over next three years

Enel SpA, Italy’s utility giant, plans to invest US$40.05 billion in its grid and renewables energy businesses between 2025 and 2027, focusing…

November 7, 2024

EIB and CDB launch US$109.4 million initiative to improve water management and protect Caribbean oceans

The European Investment Bank (EIB) and the Caribbean Development Bank (CDB) have launched a US$109.4 million initiative to enhance water supply…

November 7, 2024

Enel Colombia to invest nearly US$2.1 billion in Colombia’s energy transition

Enel Colombia will invest nearly US$2.1 billion in the coming years to support Colombia’s energy transition. During discussions of the…

November 7, 2024

Ecuador approves law to promote renewable energy to address ongoing energy crisis

Ecuador’s National Assembly has approved the Organic Law Project to Promote Private Initiative in Energy Generation, aimed at addressing the…

November 7, 2024

BNDES approves US$6.6 million loan to boost biomethane production

The Brazilian Development Bank (BNDES) has approved a loan of US$6.6 million to expand biomethane and biogas production at Geo Biogas&Carbon’s…

November 7, 2024

Growing investment in voluntary carbon credits in Latin America

The voluntary carbon credit market is seeing growing investment, especially in developing countries like Colombia, Mexico, and Peru. These nations are…

October 24, 2024

Enel Colombia secures US$300 million financing for solar projects and grid updates

Enel Colombia has secured US$300 million in debt financing from the European Investment Bank (EIB) to support the construction of approximately 486 MW…

October 10, 2024

Colombia unveils a US$40 billion financing plan to transition to a low-carbon economy

Colombia has unveiled a US$40 billion financing plan aimed at reducing its reliance on fossil fuels and promoting a low-carbon economy. This…