ESG & Climate Finance News

July 19, 2023

The EU plans to invest billions to boost energy transition in LAC

The European Union (EU) has announced investments of US$11.3 billion to boost the energy transition in Latin America and the Caribbean (LAC). Source:…

July 19, 2023

EIB signs US$899.3 million in loans to finance climate action projects

The European Investment Bank (EIB) is expected to sign US$899.3 million in loans to finance climate action projects in Argentina, Brazil and Chile.…

July 6, 2023

CIF approves a US$70 million plan to support grid flexibility for clean energy integration in Brazil

Climate Investment Funds (CIF) approved a US$70 million plan to improve the flexibility of Brazil’s electricity grid, which will make it easier…

July 6, 2023

Grenergy Renovables secures green loan worth US$300 million to build 289 MW solar park in Chile

Spanish renewable energy company, Grenergy Renovables, secured a green loan worth US$300 million to fund the development of a 289 MW solar park in…

July 6, 2023

The Caribbean Development Bank and IDB Invest have been selected as two of the recipients of the MDB Challenge Fund

The Caribbean Development Bank and IDB Invest are two of the six new recipients of the Multilateral Development Banks Challenge Fund (MDB Challenge…

June 23, 2023

Brazil’s Vale backs local carbon market regulation

Brazil’s iron ore mining giant, Vale, showed support for local carbon market regulation, and voluntary private sector initiatives to accelerate the…

June 23, 2023

The EU launches a US$243 million green hydrogen fund in Chile

The European Commission launched a US$243 million green hydrogen fund initiative in Chile that includes a technical assistance program with a budget…

June 23, 2023

Brazil and the UAE partner to explore renewable energy projects, plus green hydrogen opportunities

Brazil and the UAE have partnered to explore the development of renewable energy projects, as well as green hydrogen production, biofuels, energy…

June 23, 2023

EU to invest US$2.2 billion into Brazil’s green hydrogen production

The European Commission will invest US$2.2 billion to support the production of green hydrogen and promote energy efficiency in Brazil. Source:…