ESG and Climate Finance - Page 13 of 16

Suriname plans to phase out subsidies for gas, electricity, and fuel
February 15, 2023
The Suriname governments plans to phase out subsidies for gas, electricity, and fuel to reduce expenditures and follow IMF’s guidelines. Source: Caribbean National News
Brazil is gearing up to issue its first sovereign green bond
February 1, 2023
According to Sustainable Fitch, Brazil can count on solid demand from investors when they place their first sovereign green bond. Source: Latin Finance
Aguakan sells US$74.2 million worth of blue bonds in the local market in Mexico
February 1, 2023
The Mexican water utility, Aguakan, sold US$74.2 million worth of blue bonds in the local market. Source: Latin Finance
Colombian power company, Celsia, plans to sell US$53.4 million worth of green bonds
February 1, 2023
Colombian power company, Celsia, receives approval to place US$52.4 million worth of green bonds in the local market. Source: Latin Finance
Republic Bank launches social investment program, PMAD, in the Eastern Caribbean
February 1, 2023
Republic Bank launches their 2023 social investment program, Power to Make a Difference (PMAD) and unveils the sixteen partners who work with Republic Bank to spearhead social transformation in the Eastern Caribbean region. Source: The Voice SLU
ViaMobilidade, the Brazilian public transit company, places the largest sale of green bonds in the local market
January 18, 2023
Brazilian public transit company, ViaMobilidade, places the largest sale of green bonds in the local market as part of a US$885 million financing package. Source: Latin Finance
BNDES approves loan of US$655.8 million to support the development of 1.5 GW of wind and solar energy projects in Bahia and Minas Gerais
January 18, 2023
BNDES approves US$655.8 million loan to support the development of the 846-MW Serra do Assurua and 423-MW Novo Horizonte wind complexes, and the Boa Sorte solar photovoltaic (PV) complex in Bahia and Minas Gerais. Source: Renewables Now
The World Bank grants US$500 million green loan to Banco do Brasil
January 5, 2023
The World Bank has finalized a green loan of US$500 million to Banco do Brasil to enable the bank to offer more options to companies that are reducing their carbon footprint. Source: Latin Finance
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