ESG and Climate Finance - Page 10 of 16

CAF plans to expand operations in the Caribbean
August 17, 2023
CAF announced its plan to expand operations in the Caribbean to address the financial needs of the region. They also announced they will finance up to US$50 million to match Barbados funding pool in its blue economy initiative. Source: Trinidad Express
The Saudi Fund for Development loans Belize US$77 million to build solar plant
August 17, 2023
The Saudi Fund for Development (SFD) signed a loan agreement worth US$77 million to aid in the construction of a solar energy plant in Belize. Source: Business Wire
Banco Bolivariano issues US$80 million in blue bonds in Ecuador
August 3, 2023
Ecuadorian lender, Banco Bolivariano, issued its first blue bonds in the country, totaling US$80 million. Source: Latin Finance
The EU plans to invest billions to boost energy transition in LAC
July 19, 2023
The European Union (EU) has announced investments of US$11.3 billion to boost the energy transition in Latin America and the Caribbean (LAC). Source: PV Magazine LATAM
EIB signs US$899.3 million in loans to finance climate action projects
July 19, 2023
The European Investment Bank (EIB) is expected to sign US$899.3 million in loans to finance climate action projects in Argentina, Brazil and Chile. The loans will be used to support a range of projects, including renewable energy, energy efficiency, and green hydrogen Source: Renewables Now
The Caribbean Development Bank and IDB Invest have been selected as two of the recipients of the MDB Challenge Fund
July 6, 2023
The Caribbean Development Bank and IDB Invest are two of the six new recipients of the Multilateral Development Banks Challenge Fund (MDB Challenge Fund), a US$5.25 million fund launched by the Gates Foundation, Open Society Foundations, and The Rockefeller Foundation. The Caribbean Development Bank will use its grant to develop a new risk mitigation instrument […]
Solek Holding raises US$379 million to fund its solar PV portfolio in Chile
June 8, 2023
Solek Holding raised around US$178 million from a 20 year bond issuance, and around US$200 million from other forms of borrowing to finance its solar PV portfolio in Chile. Currently, the company has around 284 MW of utility scale and distributed generation solar in the country. Source: Renewables Now
EIB loans US$215.2 million to Sicredi to implement solar energy in residential homes, small businesses, and rural areas
June 8, 2023
The European Investment Bank provided Sicredi, a Brazilian cooperative financial institution, with a loan for US$215.2 million for the implementation of solar energy in homes, small-medium sized businesses, and rural areas. Source: Renewables Now
Neoenergia receives sustainability-linked loan from the IFC to supply renewable energy to São Paulo and Mato Grosso do Sul
May 26, 2023
Brazilian power company, Neoenergia, received a loan of US$160 million to supply renewable energy to São Paulo and Mato Grosso do Sul. Source: Latin Finance