Climate Finance - Page 22 of 25

MPC Clean Energy stock jumps more than 25%
July 21, 2021
MPC Caribbean Clean Energy Limited saw its value increase by more than a fourth as it led gains Friday in trading on the Jamaica Stock Exchange (JSE). The stock rose 25.64 per cent to close at $147, with only 76 units trading. Source
HDF Energy successful IPO to accelerate development in LAC region
July 5, 2021
HDF Energy (Hydrogène de France) has raised €132m ($156M) in a recent IPO that will help develop its first factory for utility-scale (1MW+) fuel cells using PEM technology. HDF also said that the IPO will support an acceleration in the development of HDF Energy’s power plants and continue its international expansion in addition to being […]
Hard-hit by COVID-19, Latin America seen skimping on climate cash
June 15, 2021
Latin America is investing too little in a green economic recovery from COVID-19, with only 2% of the region’s stimulus funds being spent on projects that help fight climate change, new data from Oxford University showed. Last year, 33 Latin American and Caribbean nations allocated $318 billion to fiscal and stimulus measures, but the tiny […]
World Clean Energy Summit: Chile will lead a new green hydrogen mission
June 15, 2021
Chile’s Biminister of Energy and Mines, Juan Carlos Jobet announced announced that Chile, along with Australia, the United Kingdom and the European Union, will lead the new clean hydrogen mission. According to Jobet the mission has three pillars, (1) foster research and development focused on the innovation of technologies and industrial processes. (2) Development of […]
Pandemic derails Caribbean islands’ bid for greener, cheaper energy
May 17, 2021
A lack of climate finance, electricity monopolies and now the pandemic’s ripple effects are slowing the Caribbean’s shift from economies run on fossil fuels to clean energy, banking and government officials said on Tuesday. In the Eastern Caribbean, only 10% of energy comes from renewable sources and plans to promote the use of solar and […]
Barbados RF bank completes BBD$14M green energy bond
March 30, 2021
Barbados-based RF Merchant Bank & Trust Limited (RF) announced that it has completed a fund raise of BBD$14M in Green Energy bonds for Williams Renewable Energy Limited — a wholly owned subsidiary of Williams Caribbean Capital, an entity focused on alternative energy. Source
Knee deep in a COVID-19 stricken economy, why should the Caribbean accelerate investment in sustainable energy
February 16, 2021
Despite the prevailing economic climate, we cannot halt the Caribbean’s energy transition when sustainable energy presents a viable and lasting solution to our economic challenges, writes Dr. Gary Jackson, Executive Director at the Caribbean Center for Renewable Energy and Energy Efficiency. Source
IDB seeks bids for Colombia renewables consultancy contract
February 16, 2021
The Inter-American Development Bank (IDB) has launched a tender for a consultancy contract that seeks recommendations for the integration of new renewable power generation projects in Colombia. Expressions of interest for the US $1 million contract must be submitted before February 19. Source
DXCD, the eastern Caribbean Central Bank digital money Is being readied for production
February 1, 2021
The Eastern Caribbean Central Bank (ECCB), the monetary authority for a group of eight island economies has begun looking into Central Bank Digital Currencies (CBDCs) as a way to drive investment in the Caribbean. Source