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ESG and Climate Finance

  • Sandals Foundation invests US$110,000 in Caribbean education

    September 26, 2024

    The Sandals Foundation has announced an investment of around US$110,000 in Caribbean education. This funding aims to improve educational opportunities through scholarships, infrastructure enhancements, teacher training, and essential school supplies. Source: Caribbean Loop News

  • DOE announces US$325 million for energy resilience projects in Puerto Rico

    September 12, 2024

    The U.S. Department of Energy (DOE) has announced a US$325 million funding program under the Resilient Communities Program to enhance energy resilience for vulnerable populations in Puerto Rico. The funding, part of the Puerto Rico Energy Resilience Fund (PR-ERF), will support solar and battery storage installations for community health centers, public housing, and subsidized multifamily […]

  • BNDES approves US$202 million loan for solar PV projects in São Paulo and Ceará

    September 12, 2024

    BNDES has approved a US$202 million loan to fund 402 MW of solar photovoltaic projects in São Paulo and Ceará. Source: Renewables Now

  • BNDES, Finep, and Embrapii allocate US$1.2 billion for green energy projects

    August 29, 2024

    Brazilian development bank BNDES, public innovation agency Finep, and Embrapii are allocating US$1.2 billion for green energy projects. BNDES and Finep have launched a call for business plans to develop biorefineries that produce sustainable fuels for aviation and maritime industries. Source: BNAmericas

  • Neoenergia forms joint venture with Carbon2Nature for reforestation and carbon credit projects in Brazil

    August 15, 2024

    Neoenergia has announced the formation of a joint venture with Spanish company Carbon2Nature, specializing in nature-based solutions (NBS) for carbon credit generation. The joint venture aims to implement reforestation projects in Brazil, including replanting, forest management, and mangrove conservation. Source: NeoEnergia

  • Argentina launches energy efficiency program with credit lines for energy-efficient technologies

    August 15, 2024

    Argentina’s Energy Secretariat has launched the “Energy Efficiency and Reconversion Program” to promote energy efficiency in homes and businesses. The program, developed in collaboration with Banco de la Nación Argentina (BNA), offers credit lines for the purchase of energy-efficient technologies, including appliances, photovoltaic panels, and solar water heaters. Source: PV Magazine LATAM

  • Bolivia invests US$10 Million to expand solar energy access in Pando

    August 1, 2024

    Bolivia’s Ministry of Hydrocarbons and Energy has partnered with the Department of Pando’s government to enhance electricity coverage in the region. This US$10 million initiative will expand electrical networks, establish mini-grids, and install individual solar powered systems across Pando’s 15 municipalities in the northern Amazon Source: PV Magazine LATAM

  • IDB Invest launches first private sector bond to boost sustainable development in the Amazon

    July 5, 2024

    IDB Invest launched its first private sector bond to support green and social projects in the Amazon. The five-year, US$8.7 million bond aims to foster economic opportunities while protecting the rainforest. Source: IDB Invest

  • Genneia raises US$60 million in green bond offering

    July 5, 2024

    Argentine power company Genneia successfully raised US$60 million through a dollar-linked green bond on the domestic market. Source: Renewables Now 

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