IFC - New Energy Events

Government of Jamaica and IFC partner on US$2 billion infrastructure development initiative
September 12, 2024
The Government of Jamaica and the International Finance Corporation (IFC) have formalized a partnership to implement a portfolio of infrastructure projects valued at approximately US$2 billion. The IFC will serve as Jamaica’s advisor on Public-Private Partnerships (PPPs), aiming to improve the nation’s investment climate and drive infrastructure development. Source: Jamaica Loop News
IFC backs Banco Santander Mexico with US$93 million credit guarantee for SME financing
February 1, 2024
The IFC announced a credit guarantee of US$93 million for Banco Santander Mexico, facilitating increased resources for financing small and medium-sized businesses (SMEs) in the country. Source: IFC
The government of Barbados recruits IFC as the lead transaction adviser for its first utility-scale onshore wind farm project
December 7, 2023
The government of Barbados has chosen the International Finance Corporation (IFC) as the lead transaction adviser for its first utility-scale onshore wind farm project. The wind farm, named the Lamberts project, is projected to have a capacity of 30-50 MW and will be situated in the northeastern part of the island. The partnership agreement between […]
Brazil, Colombia, and Mexico are leading Latin America in promoting sustainable finance
September 7, 2022
According to the IFC, based on a report by the Sustainable Banking Network (SBN), Brazil, Colombia, and Mexico are leading the way in promoting sustainable finance in the Latin American region. Source: America Economia
IFC invests US$10 million in Vatia to promote Colombia’s renewable energy and climate goals
May 18, 2022
The IFC invested US$10 million in Vatia to promote Colombia’s renewable energy and climate goals, helping the country to diversify its energy sources and boost economic resilience. Source: Renewables Now
IFC plans to maintain its environment-focused investments in Brazil, regardless of election outcome
April 14, 2022
The International Finance Corporation (IFC), the World Bank’s private-sector arm, plans to maintain the pace of its environment-focused investments in Brazil regardless of the outcome of the country’s October presidential election. Source: Reuters
IFC Loans USD 60 Million to BBVA Peru for Green Building Finance Market
February 2, 2022
The International Finance Corporation (IFC) allocated USD 60 million in loans to BBVA Peru to support the launch of a financing market for green buildings in Peru. The loan is IFC’s first green project investment in Peru, supported by the Market Accelerator for Green Construction (MAGC) program. Source: LATAM Green (ES) Source: IFC (EN)
RENAC and IFC to support green banking transformation in LAC region
November 13, 2018
The International Finance Corporation (IFC), a World Bank Group member, and the Renewables Academy AG (RENAC) have signed a cooperation agreement to support green banking in Latin America and the Caribbean. The main aim of the partnership is to work towards greener banks and financial institutions which integrate climate change mitigation and adaptation goals into […]
$2b green bond fund created for emerging markets
April 25, 2017
The International Finance Corporation (IFC) and France-based asset manager Amundi SA (EPA:AMUN) today said they have agreed to create a USD-2-billion (EUR 1.9bn) green bond fund that will invest in emerging markets. The new Green Cornerstone Bond Fund will buy green bonds issued by banks in Africa, Asia, the Middle East, Latin America, Eastern Europe […]