ESG & Climate Finance News

September 28, 2023

The IDB and Banco do Brasil sign letter of intent to fund sustainable development in the Amazon rainforest

The IDB and Banco do Brasil signed a letter of intent for a US$250 million credit line to fund sustainable development in Brazil’s Amazon…

September 14, 2023

EIB and Allianz Global Investors commit US$77.5 million towards renewable infrastructure projects in Brazil

The European Investment Bank and Allianz Global Investors have made a US$77.5 million commitment towards the development of renewable infrastructure…

September 14, 2023

Petrobras purchases carbon credits from rainforest project

Brazil’s state-controlled oil company, Petrobras, purchased credits in the voluntary carbon market from a project aimed at preserving rainforest.…

August 31, 2023

Brazil’s Superintendency for the Development of the Northeast (Sudene) approves loan for US$15.78 million for solar and wind projects

Brazil’s Superintendency for the Development of the Northeast (Sudene) approved a loan for US$15.78 million to develop 128 MW of solar and wind…

August 17, 2023

Japan’s Mitsubishi UFJ Financial Group signs agreement with Neoenergia SA for US$30.5 million green loan

Japan’s Mitsubishi UFJ Financial Group signed an agreement with Neoenergia SA for a US$30.5 million green loan to help back the upgrade of its power…

August 17, 2023

CAF plans to expand operations in the Caribbean

CAF announced its plan to expand operations in the Caribbean to address the financial needs of the region. They also announced they will finance up to…

August 17, 2023

The Saudi Fund for Development loans Belize US$77 million to build solar plant

The Saudi Fund for Development (SFD) signed a loan agreement worth US$77 million to aid in the construction of a solar energy plant in Belize.…

August 3, 2023

Banco Bolivariano issues US$80 million in blue bonds in Ecuador

Ecuadorian lender, Banco Bolivariano, issued its first blue bonds in the country, totaling US$80 million. Source: Latin Finance 

July 19, 2023

The Bahamas launches EOI to participate in the Bahamas Resilient Infrastructure Fund and the Renewable Energy Fund

With the support of the IDB, the Government of the Bahamas is inviting qualified firms and persons to express their interest in participating in the…