ESG & Climate Finance Archives - Page 19 of 36

Chile successfully places its first peso-denominated sustainable bonds
November 3, 2022
Chile successfully placed its first sustainable bonds in pesos. The country issued US$1.02 billion in 12 year notes. Source: Latin Finance
IDB Invest to loan up to US$60 million to Costa Rican lender for green projects
November 3, 2022
IDB Invest is gearing up to grant an A/B loan for up to US$60 million to provide financing for green projects to the Costa Rican lender, Davivienda. Source: Latin Finance
BNDES approves loan for US$130.2 million to support the development of 288 MW of wind parks
November 2, 2022
The Brazilian Development Bank (BNDES) will loan local developer, Casa dos Ventos, US$130.2 million to support the construction of 288 MW of wind parks. Source: Renewables Now
Brookfield Renewable and Stonefield will invest US$1 billion into the InterEnergy Group
October 19, 2022
Brookfield Renewable and Stonepeak partner to invest up to US$1 billion into the InterEnergy Group over the next four years. InterEnergy Group has operations in the Dominican Republic, Panama, Jamaica, Chile and Uruguay. Source: Renewables Now
IMF loans US$710 million to Costa Rica through the Resilience and Sustainability Trust
October 19, 2022
Costa Rica will borrow US$710 million from the IMF through the Resilience and Sustainability Trust, a new program to help countries counter the economic risks of climate change. Source: Latin Finance
Mexican bottling company, Coca-Cola Femsa, sells US$300 million of social-sustainable bonds in local market
October 19, 2022
Coca-Cola Femsa, the Mexican bottling company, has sold US$300 million of social-sustainable bonds in the local market. They will use the money to focus on financing local community development projects. Source: Latin Finance
Banco International in Ecuador plans to issue a blue bond with support of the IFC
October 19, 2022
Banco International in Ecuador is planning to issue a blue bond following a subscription agreement for up to US$40 million from the IFC. If approved, it will be the first bond of its kind issued by the private sector in LAC. Source: El Universo
Barbados is first Caribbean nation to receive funding from the IMF’s US$45 billion Resilience Trust
October 19, 2022
Barbados is the first nation in the Caribbean that will receive money from the US$45 billion IMF Resilience Trust. They will receive US$183 million for climate-focused spending. Source: ProPublica
Guyana, alongside the IDB, signed a financing agreement with the Norwegian Agency for Development Cooperation to invest in eight photovoltaic projects
October 5, 2022
Guyana, alongside the IDB, signed a financing agreement for around US$83.3 million with the Norwegian Agency for Development Cooperation to invest in eight photovoltaic projects totaling 33 MW with 34 MWh energy storage systems. Source: PV Magazine LATAM