ESG & Climate Finance Archives - Page 7 of 36

Banco do Brasil raises US$100 million with Natixis in triple sustainable repo deal
May 31, 2024
Banco do Brasil raised US$100 million through a triple sustainable repo with Natixis Corporate & Investment Banking. This deal is the first of its kind to combine three sustainable elements in a single transaction. The funds raised will support Banco do Brasil’s sustainability-linked debt framework, with a focus on refinancing its sustainable credit portfolio, particularly […]
CAF secured US$216 million credit line for climate mitigation and biodiversity projects
May 31, 2024
CAF secured a US$216 million green line of credit from its French counterpart, AFD. The funding will be used to finance biodiversity and climate adaptation projects in Latin America. Source: Latin Finance
Colombia to receive US$700 million UAE investment after signing Cepa agreement
May 16, 2024
Colombia is set to receivean investments of between US$600 million and US$700 million from the UAE following the signing of the Comprehensive Economic Partnership Agreement (Cepa). This investment will support the development of key sectors like green hydrogen and the digital economy. Source: Business Orbital
Caribbean Broilers Group invests in solar plants to enhance sustainability
May 16, 2024
Caribbean Broilers Group (CB) has invested in four solar photovoltaic power plants for its farms across Jamaica, partnering with Soleco Energy Jamaica Limited. The newly unveiled solar plant at Peninsula Hatchery Farms in Linstead, St Catherine, produces 0.30 MWp. Additional plants include CB Foods Cold Storage Distribution Centre (1.1 MWp), Newport Mills in Kingston (0.50 […]
Ecoener secures green loan for 74 MW solar project in Guatemala
May 3, 2024
Ecoener SA has secured a US$64 million green loan from Central American bank BAC and Dutch development bank FMO for its 74 MWp Yolanda solar project in Guatemala. Source: Renewables Now
IDB Invest and DFC launch new co-financing framework for Latin America and the Caribbean
May 3, 2024
IDB Invest and the United States International Development Finance Corporation (DFC) have launched a new co-financing framework to bolster collaboration on high-impact development projects across Latin America and the Caribbean. As an extension of the Americas Partnership Platform, announced by US President Joe Biden, the framework streamlines the process for providing up to US$50 million […]
Jamaica initiates ‘Blue Green Facility’ to address climate challenges
May 3, 2024
The Government of Jamaica, in collaboration with various international partners including the Green Climate Fund, Inter-American Development Bank, World Bank Group, and others, is discussing the establishment of a “Blue Green Facility” aimed at providing up to US$ 500 million over five years. The fund will comprise a combination of grants, concessional debt, guarantees, and […]
IDB approves $60 million credit line to boost blue economy in the Bahamas
April 14, 2024
The Inter-American Development Bank (IDB) proposed a US$60 million Conditional Credit Line for Investment Projects aimed at promoting sustainable development in The Bahamas. This initiative targets the growth of micro, small, and medium-sized enterprises (MSMEs) within the country’s blue economy sector. Source: IDB
IDB Invest issues sustainable bonds to fund infrastructure and projects in Latin America
March 28, 2024
IDB Invest recently issued two sustainable bonds in local currency. One was valued at 2.5 billion Mexican pesos (about US$150 million) while the other was valued at 40 billion Colombian pesos (around US$10 million). The funds will be directed towards promoting inclusive financing and providing support for essential infrastructure projects in transportation, renewable energy, telecommunications, […]