ESG & Climate Finance News

August 15, 2024

Neoenergia forms joint venture with Carbon2Nature for reforestation and carbon credit projects in Brazil

Neoenergia has announced the formation of a joint venture with Spanish company Carbon2Nature, specializing in nature-based solutions (NBS) for carbon…

August 15, 2024

Argentina launches energy efficiency program with credit lines for energy-efficient technologies

Argentina’s Energy Secretariat has launched the “Energy Efficiency and Reconversion Program” to promote energy efficiency in homes…

August 1, 2024

DOE loan guarantee to finance Puerto Rico’s largest solar and battery storage project

The U.S. Department of Energy has announced an US$861 million loan guarantee to finance 200 MW of solar and 285 MW of grid storage in Puerto Rico.…

July 19, 2024

IDB Invest considers equity investment in Caribbean community resilience fund

IDB Invest is considering an equity investment of up to US$5 million in the Caribbean Community Resilience Fund (CCRF), managed by Sygnus Capital Ltd.…

July 5, 2024

IDB Invest launches first private sector bond to boost sustainable development in the Amazon

IDB Invest launched its first private sector bond to support green and social projects in the Amazon. The five-year, US$8.7 million bond aims to…

July 5, 2024

Genneia raises US$60 million in green bond offering

Argentine power company Genneia successfully raised US$60 million through a dollar-linked green bond on the domestic market. Source: Renewables…

June 19, 2024

World Bank and HSBC to launch US$200 million bond for Amazon reforestation

The World Bank, through its IBRD arm, has tasked HSBC with structuring a US$200 million principal-protected bond focused on reforestation in the…

June 19, 2024

World Bank approves US$250 million for Chile’s sustainable water management program

The World Bank has approved a US$250 million project to support Chile’s Just Water Transition program. This initiative, managed by the Ministry of…

June 19, 2024

CIBC Caribbean and IDB Invest sign MoU for sustainable development across the Caribbean

CIBC Caribbean and IDB Invest signed an MoU to advance sustainable development across the Caribbean. The MoU established a framework of cooperation…