ESG and Climate Finance - Page 15 of 16

Mexico’s Ministry of Finance issues a US$2.2 billion sustainable bond
August 24, 2022
The Ministry of Finance in Mexico issued a US$2.2 billion sustainable bond with a ten year maturity. Source: AMP Milenio
Banco Promerica issued its first sustainable bond in El Salvador for US$20 million
July 14, 2022
Banco Promerica issued a US$20 million dollar sustainable bond in El Salvador, the first of its kind for the country. It is part of a first sustainable bond issuance program for up to 100 million dollars with a term of 5 years. IDB invest participated as an investor and a buyer of the bonds. Source: […]
CAF and GCF partner to finance US$150.2 million in renewable energy, infrastructure, and gender inclusive initiatives in South America
July 13, 2022
CAF and the Green Climate Fund (GCF) partner to finance US$150.2 million in small-scale renewable energy, energy efficiency, forestry, and climate-smart agriculture projects, focusing on inclusive gender investments in Chile, Ecuador, Panama and Peru. Source: BN Americas
BBVA Mexico plans to raise US$510.3 million through the sale of four-year sustainable bonds
June 15, 2022
BBVA Mexico plans to sell four-year sustainable bonds to raise US$510.3 million. The bank will price the bonds at the TIIE interbank lending rate. Source: Latin Finance
Argentinian agribusiness, Cresud will sell at least US$20 million in 33-month dollar-denominated bonds in the local market
June 15, 2022
Cresud, a leading agriculture business in Argentina, will sell at least US$20 million in 33-month dollar-denominated bonds in the local market. Source: Latin Finance
IDB Invest provides US$250 million in financing to Uruguay for improvements on railroad line that connects Montevideo and Paso de Los Toros
June 15, 2022
IDB Invest will provide US$250 million in financing for a PPP in Uruguay to improve the railroad line that connects Montevideo and Paso de Los Toros. IDB Invest will provide the funds through a “B” bond transaction, its largest such bond to date. Source: Latin Finance
The World Bank to lend US$400 million to Argentina for agricultural infrastructure investments
June 15, 2022
Argentina will borrow US$400 million from The World Bank for agricultural infrastructure investments to encourage farm output in the north, boost the incomes of small farmers, and improve food security across the nation. The government will also provide US$100 million in credit, and the private sector will give US$50 million. Source: Latin Finance
The US and Caribbean form PACC 2030 initiative to strengthen climate resilience and energy security
June 15, 2022
At the Summit of the Americas, the US announced a new initiative – PACC 2030 – to address the climate crisis in the Caribbean. The new initiative will aid in the integration of climate adaptation and resilience and the development of clean energy programs, as well as strengthening energy security. Source: WhiteHouse.gov
Montserrat seeks funding beyond their current budget allocations in order to reach its 2030 renewable goals
June 15, 2022
A report commissioned by Montserrat’s Ministry of Communications, Works, Labour, and Energy (MCWLE) stated that for the island nation to meet its 2030 goal of 100% renewables, it would require funding beyond the current budget allocations. Source: MenaFM