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Sustainability

  • Mexican real estate investment trust, Fibra Macquarie, receives sustainability-linked loan for US$150 million

    December 22, 2022

    Mexican real estate investment trust, Fibra Macquarie, has received US$150 million in sustainability linked financing. The first part of the financing is worth US$75 million and will be distributed over a four-year term loan. Then an equal amount in a three-year revolving credit line will be distributed. Source: Latin Finance

  • Enel Chile starts commercial operation at Central Azabache, Chile’s first hybrid non-conventional renewable generation plant

    August 24, 2022

    Enel Chile received approval from the National Electrical Coordinator to commence operation of Central Azabache, the first hybrid non-conventional renewable generation plant at the national level. It has an installed capacity of 60.9 MW and is connected to the 90 MW Valle de Los Vientos wind farm. Source: BNAmericas

  • Ahead of COP27, Caribbean leaders consider demanding a compensation fund for nations hit hardest by climate change

    August 24, 2022

    Ahead of COP27, Caribbean leaders consider demanding industrialized countries to set up a compensation fund for nations that have suffered the most from climate change. Source: Radio Jamaica News Online 

  • The Dominican Republic will expand its protected marine areas to 30% by 2030

    August 24, 2022

    The Dominican Republic committed to expanding its protected marine areas to 30% by 2030 at the United Nations Ocean Conference. Source: Regenerative Travel 

  • Chile rejects Mitsui and Shell’s plans for a US$650 million power plant in the Atacama desert

    June 15, 2022

    Chile’s government rejected plans from Mitsui and Shell to build a US$650 million power plant that would run on liquefied natural gas in the Atacama desert. Construction on the project would have started this year. However, after reviewing fifteen objections, a group of Ministers rejected the project on fears that it would threaten the local […]

  • ‘Overwhelmed by old challenges’, Caribbean leaders say COVID-19 has forced a new battle for the survival of their nations

    September 30, 2021

    Caribbean island nations are under assault from the coronavirus pandemic even as they try to protect their communities from rising seas and raging storms, regional leaders said Saturday at the UN, where they called for bold action to tackle climate change and shore up public health systems.   Source  

  • Sovereign Pacific launches $500M Fund for the Caribbean

    December 2, 2020

    Sovereign Pacific Capital, an Asia wealth and asset management organization established a  $500 million Sovereign Pacific Fund, in partnership with Possibility Group, for sustainable investments in St. Kitts & Nevis and the Caribbean region.     Source

  • Dominican Republic develops new sustainable tourism plan

    July 3, 2019

    The Dominican Republic has developed a new tourism plan in collaboration with the UN Environment Programme. The Roadmap for Low Carbon and Resource Efficient Accommodation in the Dominican Republic was launched in May in Punta Cana. After two years of research, data collection and analysis, the plan sets out goals and targets to measure and […]

  • Anguillan hotel completes solar PV installation

    May 16, 2019

    The Frangipani Beach Resort in Anguilla, British West Indies, has completed a renewable energy project which will power 70 percent of the resort. Eight hundred PV solar panels will provide 370 KWh of energy. One of the main feature of the resort -and one of the first the guests will see upon arrival- the installation […]

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