ESG & Climate Finance News

February 15, 2024

CAF achieves record-breaking bond placement in European market

CAF, the Development Bank of Latin America and the Caribbean, recently completed its largest bond placement in Europe, issuing a benchmark EUR1.5…

February 1, 2024

Jamaica Inn takes step towards carbon neutrality with new solar power addition

Jamaica Inn in Ocho Rios, St Ann, is making strides towards achieving carbon neutrality by 2026 by adding a 53-kilowatt photovoltaic solar panel plant…

February 1, 2024

CDF and U.S. announce plans for climate-resilient fund in the Caribbean

The CARICOM Development Fund (CDF) and the United States announced plans for a CARICOM Resilience Fund. The new blended finance initiative, with a…

February 1, 2024

IFC backs Banco Santander Mexico with US$93 million credit guarantee for SME financing

The IFC announced a credit guarantee of US$93 million for Banco Santander Mexico, facilitating increased resources for financing small and…

January 19, 2024

CAF approves US$25 million investment in BTG Pactual Timberland Investment Group’s (TIG) Latin American reforestation strategy

CAF has approved a US$25 million investment in BTG Pactual Timberland Investment Group’s (TIG) Latin American reforestation strategy. TIG, a…

January 19, 2024

Deetken Impact awarded USAID climate grant to advance sustainable energy projects in the Caribbean

The Caribbean Climate Investment Program provides a US$600K grant to the newly launched Caribbean Inclusive Climate Finance Initiative to fund a…

January 19, 2024

Mytilineos Energy & Metals secured financing for a 588 MWp solar portfolio in Chile

Mytilineos Energy & Metals secured US$377 million in financing from BNP Paribas, Intesa San Paolo, Sumitomo Mitsubishi Banking Corporation,…

January 19, 2024

The Bahamas secures US$500 million loan backed by an IDB guarantee

The Bahamas has finalized a US$500 million 10-year commercial loan backed by an Inter-American Development Bank (IDB) guarantee. The loan will be used…

January 4, 2024

Sudene loans US$20.4 million to solar power producer for the development of a 40 MW project in the Minas Gerais state of Brazil

Brazil’s Superintendency for the Development of the Northeast (Sudene) loaned solar power producer, Jaiba CE Energias Renovaveis, US$20.4…