CAF - New Energy Events

CAF and GCF partner to finance US$150.2 million in renewable energy, infrastructure, and gender inclusive initiatives in South America
July 13, 2022
CAF and the Green Climate Fund (GCF) partner to finance US$150.2 million in small-scale renewable energy, energy efficiency, forestry, and climate-smart agriculture projects, focusing on inclusive gender investments in Chile, Ecuador, Panama and Peru. Source: BN Americas
The U.S. Trade and Development Agency and CAF renew partnership to advance infrastructure initiatives across LAC
July 13, 2022
The U.S. Trade and Development Agency renewed its partnership with CAF to advance sustainable infrastructure projects in Latin America and the Caribbean. The joint action plan will support clean energy, transportation, digital connectivity, climate, water, and environment-related infrastructure projects. Source: USTDA
CABEI and other regional multilaterals commit to US$50 billion to support climate change action across LAC.
June 15, 2022
At the Summit of the Americas, CABEI and other regional multilateral organizations like the IDB, CAF, and CDB announced they will invest US$50 billion to support climate change action in the LAC region over the next five years. Source: BCIE
Colombia: EU to invest 4m EUR to promote renewables
January 5, 2017
The EU will invest 4m EUR in Colombia to promote renewable energy projects, after a CAF study evaluated the use of new energy sources to mitigate the effects of climate change. According to an official statement by the Colombian government, alternative energy options that release fewer greenhouse gases have a big potential to reduce the […]
T&T gov gets $300m loan from CAF
July 21, 2016
As part of a plan to bolster tax revenue and cushion reductions of subsidies, the Development Bank of Latin America or Corporacion Andina de Fomento (CAF) will provide a grant of US$300 million to Trinidad and Tobago. Falling energy prices have had a negative impact on the country’s fiscal balance and the “Support Programme […]
Latin America: Big credit line for development of geothermal energy from German bank
May 16, 2016
Germany’s Ministry for Economic Cooperation and Development (BMZ) and Development Bank of Latin America (CAF) signed an agreement to promote the development of energy projects in Colombia, Ecuador, Peru, Bolivia, Chile and Mexico. The first credit line of €250 million (c. $286 million) will be allocated to lowering financing that CAF grants to geothermal projects in the region. The […]
On the Eve of GEOLAC 2015, a Look Back to 2014: Conference Report
November 17, 2015
On the eve of the region’s largest geothermal event – 120 delegates from 30+ countries are now confirmed to participate in GEOLAC 2015 – now is a good time to reflect on how the market has progressed since 2014. To view the 2014 conference report please follow this link: https://newenergyevents.com/wp-content/uploads/2015/11/GEOLAC-2014-Final-Conf-Report-WB-EE-logo-CAF.pdf
CABEI, Munich Re, CAF & KfW to Launch Bridge and Investment Financing Programs at GEOLAC 2015
November 4, 2015
The organizers of GEOLAC are pleased to announce that CABEI and CAF will launch their new Geothermal Bridge and Investment Financing Programs at GEOLAC 2015. In close partnership with Munich Re, the Programs seek to provide tailored debt financing for both the capacity drilling as well as plant construction phases of the geothermal development cycle. The programs […]
Seawater Air-conditioning Studied in the Caribbean
August 7, 2015
A study commissioned by CAF and the France Development Agency on seawater air-conditioning was recently completed by Makai Ocean Engineering in Montego Bay, Jamaica and Puerto Plata, Dominican Republic. According to the study results, the benefits of such systems include: Energy and cost savings approaching 90 percent compared to conventional air conditioning. Stable costs that […]