The Caribbean Development Bank and IDB Invest are two of the six new recipients of the Multilateral Development Banks Challenge Fund (MDB Challenge Fund), a US$5.25 million fund launched by the Gates Foundation, Open Society Foundations, and The Rockefeller Foundation. The Caribbean Development Bank will use its grant to develop a new risk mitigation instrument […]
The World Bank approved a loan for US$150 million to Chile, to support the development of its green hydrogen industry. The loan will help the country to establish a blended finance fund for green hydrogen projects and develop risk mitigation instruments to improve financing conditions. Source: The World Bank
CAF has joined the Barbados Coalition for Resilient Infrastructure to support Barbados’ transition, a group of international organizations and governments that are working together to support Barbados’ transition to a more resilient and sustainable economy. CAF’s participation will focus on supporting the development of a new Blue Green Bank, helping to improve the country’s disaster […]
HDF Energy and CELEC EP signed an MoU to jointly explore opportunities to develop HDF’s multi-megawatt hydrogen power plants in Ecuador. Source: HDF Energy
Green Solutions International SKN Incorporated (GSI) installed three solar PV systems at health facilities in Montserrat, increasing the island’s renewable energy capacity and providing backup power during outages. Source: CARILEC
The Jamaica Manufacturers and Exporters Association (JMEA) formed an alliance with the Jamaica Energy Resilience Alliance (JERA). The partnership with JERA now allows JMEA to join the largest solar demand aggregation campaign in Jamaica. Source: Jamaica Observer
Brazil’s iron ore mining giant, Vale, showed support for local carbon market regulation, and voluntary private sector initiatives to accelerate the industry’s decarbonization. Source: BNAmericas
Honduras’ state owned power company issued an international call to develop 50 MW of solar capacity in the country, including the installation and startup of solar PV parks for 47MW and 2.5MW. Source: BNAmericas
