Climate Financing - Page 2 of 4

AOSIS in support of the creation of a multilateral fund that will help with the cost of responses associated with climate change
November 17, 2022
The Alliance of Small Island States (AOSIS) is in support of the creation of a multilateral fund that will enable developing countries to afford the cost of responses to loss and damage associated with climate change. Source: Jamaica Gleaner
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
Toyota’s financing division in Mexico received a loan from BBVA to fund loans for hybrid vehicles
October 5, 2022
Toyota’s financing division in Mexico received a green loan for US$225 million from a local branch of the Spanish bank, BBVA, to fund loans for hybrid vehicles. Source: Latin Finance
Mexico state Edomex expects to raise around US$147 million through the sale of their first sustainable bonds
October 5, 2022
The State of Mexico, Edomex, anticipates the sale of their first sustainable bonds in the local market will raise around US$147 million. Source: Latin Finance
Banco do Brasil will provide US$80 million in debt financing to Lightsource bp for its Milagres Solar project
October 5, 2022
Lightsource bp will receive US$80 million in debt financing from Banco do Brasil through the Northeast Development Fund to fund its Milagres Solar Project. Source: PV Magazine LATAM
Natixis Corporate & Investment Banking successfully placed bonds for US$360 million for a portfolio of PV solar plants
September 7, 2022
Natixis Corporate & Investment Banking announced the closing of the financing of around US$360 million for a portfolio of PV solar plants. Source: PV Magazine