ESG & Climate Finance News

June 15, 2022

IDB Invest provides US$250 million in financing to Uruguay for improvements on railroad line that connects Montevideo and Paso de Los Toros

IDB Invest will provide US$250 million in financing for a PPP in Uruguay to improve the railroad line that connects Montevideo and Paso de Los Toros.…

June 15, 2022

The World Bank to lend US$400 million to Argentina for agricultural infrastructure investments

Argentina will borrow US$400 million from The World Bank for agricultural infrastructure investments to encourage farm output in the north, boost the…

June 15, 2022

Chile rejects Mitsui and Shell’s plans for a US$650 million power plant in the Atacama desert

Chile’s government rejected plans from Mitsui and Shell to build a US$650 million power plant that would run on liquefied natural gas in the Atacama…

June 15, 2022

The US and Caribbean form PACC 2030 initiative to strengthen climate resilience and energy security

At the Summit of the Americas, the US announced a new initiative – PACC 2030 – to address the climate crisis in the Caribbean. The new…

June 15, 2022

Montserrat seeks funding beyond their current budget allocations in order to reach its 2030 renewable goals

A report commissioned by Montserrat’s Ministry of Communications, Works, Labour, and Energy (MCWLE) stated that for the island nation to meet its…

June 15, 2022

Jamaica pursues innovative investments to help accelerate the economy and promote sustainability

Jamaica is pursuing its Vision 2030 development plan by working towards developing innovative investments to strengthen and accelerate the economy.…

June 15, 2022

SPIC Brasil aquires 70% of Canadian Solar’s projects in Brazil

SPIC Brasil will acquire a 70% stake in Canadian Solar’s 738 MW of solar projects in Brazil. Source: Mercom Capital

June 15, 2022

The Bahamas successfully places a US$385 million bond into international capital markets

The Bahamas successfully places a multi-million dollar blue bond in the international capital markets. The government said the US$385 million…

June 15, 2022

CABEI and other regional multilaterals commit to US$50 billion to support climate change action across LAC.

At the Summit of the Americas, CABEI and other regional multilateral organizations like the IDB, CAF, and CDB announced they will invest US$50 billion…