ESG & Climate Finance Archives - Page 18 of 36

The IDB approves loans for a total of US$650 million to Uruguay and Argentina to aid in the low-carbon energy transition
December 8, 2022
The IDB has approved two lines of credit to Uruguay and Argentina, one of US$150 million, and another of US$500 million. The loans will be used to meet the goals of the low-carbon energy transitions in both countries. Source: PV Magazine LATAM
Solarpak recieves loans for US$133.6 million to develop two solar farms in Colombia
December 8, 2022
Solarpack, the Spanish solar power developer, received a loan for US$133.6 million to develop two solar farms in Colombia with a combined capacity of 252 MW. Source: Renewables Now
Enel Americas will invest US$5 billion into the region, with most of the investments going to Colombia and Brazil
December 8, 2022
Enel Americas is investing US$5 billion in the Latin American region with most of the investments going to Colombia and Brazil. They will exit Peru and Argentina in 2023 to focus on countries that are “more advanced” in their energy transition. Source: Renewables Now
Enel Colombia secures loans totaling US$94.2 million to advance rural electrification and build new renewable and electrical substations
December 8, 2022
Enel Colombia received loans totaling US$94.2 million to focus on bringing electricity to rural areas and to increase its renewable energy capacity while reducing thermal generation. Source: Renewables Now
Closing the Gap: Climate Finance in the Caribbean
November 18, 2022
By: Republic Bank As efforts to mitigate and adapt to climate change gather momentum across the globe, so too does the need for nations to do more. This has become more apparent in light of the tremendous shortfall in reducing greenhouse gas emissions, and achieving the 1.5 degree Celsius goal agreed upon in the 2015 […]
CEPM works to secure green loans for renewable projects in the Dominican Republic
November 17, 2022
CEPM, a division of InterEnergy is working to secure a green loan from Bank of America and a multilateral lender for renewable projects in the Dominican Republic. Source: Latin Finance
Genneia plans to raise up to US$80 million through the sale of green bonds
November 17, 2022
Genneia, the Argentinian power generation company is seeking to raise up to US$80 million through the sale of green bonds in the local market. Source: Latin Finance
BNB in Brazil approved a loan for US$80 to support the construction of a 213 MW solar complex in the northeast
November 17, 2022
Banco do Nordeste approved a loan for US$80 million to support the development of the 213 MW Caldeirao solar complex in northeast Brazil. Ibitu Energias will provide an additional US$61 million for the project. Source: Renewables Now
AOSIS in support of the creation of a multilateral fund that will help with the cost of responses associated with climate change
November 17, 2022
The Alliance of Small Island States (AOSIS) is in support of the creation of a multilateral fund that will enable developing countries to afford the cost of responses to loss and damage associated with climate change. Source: Jamaica Gleaner