The World Bank - New Energy Events

World Bank and HSBC to launch US$200 million bond for Amazon reforestation
June 19, 2024
The World Bank, through its IBRD arm, has tasked HSBC with structuring a US$200 million principal-protected bond focused on reforestation in the Brazilian Amazon. Source: The World Bank
World Bank approves US$250 million for Chile’s sustainable water management program
June 19, 2024
The World Bank has approved a US$250 million project to support Chile’s Just Water Transition program. This initiative, managed by the Ministry of Public Works in collaboration with the Ministry of Environment, aims to enhance sustainable and equitable water resource management. Source: The World Bank
The World Bank provides US$110 million in financing to support Barbados’s transition to low-carbon economic development and climate resilience
January 18, 2023
The World Bank approves US$110 million in financing for Barbados to support its low-carbon economic development and climate resilience. The loan has two main pillars, the first focusing on green and blue resilient development, including water reuse, adoption of climate change and agriculture policy, and the establishment of an Environmental Sustainability Fund, among other items. […]
The World Bank announces Hydrogen for Development Partnership at COP27
November 17, 2022
At COP27, The World Bank announced the creation of the Hydrogen for Development Partnership, a new global initiative to help boost deployment of low-carbon hydrogen in developing countries. Source: World Bank
Saint Lucia explores geothermal opportunities with help from the World Bank’s Renewable Energy Sector Development Project
November 17, 2022
The World Bank is currently working to help Saint Lucia undertake geothermal exploration drilling activities to confirm the extent and quality of the resource. Source: World Bank
The World Bank grants US$135 million loan to Rio de Janeiro
June 29, 2022
The World Bank approves US$135 million loan to the government of Rio de Janeiro to pay off debt and fund low carbon projects. Source: Latin Finance
The World Bank approves a US$250 million loan to the Panamanian Government
June 29, 2022
The World Bank granted the Panamanian government a US$250 million loan to help fund healthcare, education, and social services programs. Source: Latin Finance
The World Bank to lend US$400 million to Argentina for agricultural infrastructure investments
June 15, 2022
Argentina will borrow US$400 million from The World Bank for agricultural infrastructure investments to encourage farm output in the north, boost the incomes of small farmers, and improve food security across the nation. The government will also provide US$100 million in credit, and the private sector will give US$50 million. Source: Latin Finance
The World Bank approves US$300 million loan to support Colombia’s resilience to disasters, climate change and health emergencies
December 28, 2021
The World Bank approved the Third Disaster Risk Management Development Policy Loan with a Cat DDO III, a US $300 million loan to aid in strengthening Colombia’s resilience to natural hazards, climate change and health emergencies. The Ministry of Finance and Public Credit and the National Planning Department, Colombia will be responsible for coordinating the […]