ESG and Climate Financing

CABEI and other regional multilaterals commit to US$50 billion to support climate change action across LAC.
June 15, 2022
At the Summit of the Americas, CABEI and other regional multilateral organizations like the IDB, CAF, and CDB announced they will invest US$50 billion to support climate change action in the LAC region over the next five years. Source: BCIE
BNDES seeks smaller – but more – stakes in infrastructure projects
June 15, 2022
The Brazilian development bank (BNDES) will focus on infrastructure projects but seeks smaller stakes in each to distribute capital to more projects. They are also trying to attract private sector banks to this non-recourse project finance model. Source: BNAmericas
Shell Energy Brazil invests US$1.5 billion into PV projects in Brazil
June 15, 2022
Shell Energy Brazil is investing around US$1.5 billion to develop five PV power plants in Brazil, including a 2.1 GW solar park in Minas Gerais. Source: Renewables Now