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Climate Finance

  • CDB to launch innovative project preparation fund

    November 9, 2023

    The Caribbean Development Bank (CDB) is launching a climate change project preparation fund to support its Borrowing Member Countries (BMCs) in creating feasible proposals to obtain climate financing. Source: BN Americas

  • Panamanian wind farm company issues US$200 million corporate green bond

    October 12, 2023

    Panamanian wind farm owner, Parque Eolico Toabre SA, issued a US$200 million green bond on the Panama stock exchange. Source: Renewables Now 

  • The Asian Infrastructure Investment Bank (AIIB) approves US$65 million loan for wind farm in Argentina

    October 12, 2023

    The Asian Infrastructure Investment Bank (AIIB) approved a loan for US$65 million to go towards financing the construction of a wind farm and associated infrastructure in the province of Tierra del Fuego. Source: Renewables Now 

  • Brazil’s Superintendency for the Development of the Northeast (Sudene) approves US$24.5 million for wind projects in Bahia

    October 12, 2023

    Brazil’s Superintendency for the Development of the Northeast (Sudene) is set to loan US$24.5 million to support 116 MW of wind energy projects in Bahia state. Source: Renewables Now 

  • St. Vincent & Grenadines endorse the Bridgetown Initiative

    September 28, 2023

    St. Vincent & Grenadines endorsed the Bridgetown Initiative, which was created by Barbados Prime Minister, Mia Mottley, to transform the flow of climate finance to the Global South. Source: NBCSVG

  • The IDB and Banco do Brasil sign letter of intent to fund sustainable development in the Amazon rainforest

    September 28, 2023

    The IDB and Banco do Brasil signed a letter of intent for a US$250 million credit line to fund sustainable development in Brazil’s Amazon rainforest. Source: Reuters

  • EIB and Allianz Global Investors commit US$77.5 million towards renewable infrastructure projects in Brazil

    September 14, 2023

    The European Investment Bank and Allianz Global Investors have made a US$77.5 million commitment towards the development of renewable infrastructure projects in Brazil. Source: Renewables Now 

  • Petrobras purchases carbon credits from rainforest project

    September 14, 2023

    Brazil’s state-controlled oil company, Petrobras, purchased credits in the voluntary carbon market from a project aimed at preserving rainforest. Source: Bloomberg

  • Brazil’s Superintendency for the Development of the Northeast (Sudene) approves loan for US$15.78 million for solar and wind projects

    August 31, 2023

    Brazil’s Superintendency for the Development of the Northeast (Sudene) approved a loan for US$15.78 million to develop 128 MW of solar and wind energy projects in the Northeast. Source: Renewables Now 

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