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Loading ...New IDB Financing Facility for Sugar & Bioenergy / Nova Linha de Financiamento do BID para Açúcar e Bioenergia / Nueva facilidad de financiamento del BID para azúcar y bioenergía
Friday, January 16th, 2009From the Inter-American Development Bank (IDB): IDB backs $150 million Regional Financing Facility for Sugar and Bioenergy Program will focus on northeastern Brazil, Mexico and Central America The Inter-American Development Bank will support the establishment of a $150 million facility to provide short-term trade financing and medium-term investment loans to sugar and bioenergy companies and […]
Largest Biofuel Loan Yet by a Multilateral Bank
Wednesday, July 23rd, 2008Temas Note: This announcement is interesting to me for at least four reasons. First, as the title says, this is the largest biofuel loan package yet made by a multilateral development bank (MDB). [I doubt that record will stand, and probably will not even stand for very long.] Second, it underscores IDB’s commitment to, and […]
BNDES Supports Cogeneration Using Sugarcane Waste
Monday, July 7th, 2008The announcement of National Development Bank (BNDES) backing for cogeneration utilizing sugarcane bagasse in São Paulo was followed not long thereafter by a São Paulo state decree eliminating the charge of sales tax (Impostos Sobre Circulação de Mercadorias e Prestação de Serviços – ICMS) on operations of sugarcane/alcohol plants and cogeneration utilizing their bagasse — […]
Why is LAC Slow to Tap Carbon Funds?
Tuesday, July 1st, 2008The Dominican Republic’s Environment Secretariat (SEMARENA) and the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) recently co-hosted an event in Santo Domingo designed to prompt Dominicans into tapping the many international funding opportunities for projects related, directly or directly, to climate change (“carbon markets”). And well they should! For some reason […]
Locomotives Run on Biodiesel
Tuesday, September 25th, 2007Last May the Doce River Valley Company (Companhia Vale do Rio Doce – CVRD) announced plans to use biofuels in its locomotives. I knew that was economically significant news, since in addition to being the world's second largest mining company, CVRD is Brazil's largest logistics operator, owning three railroads — Estrada de Ferro Carajás (EFC), […]
Guyana to Host Caribbean Bioenergy Seminar
Saturday, July 28th, 2007To fully understand the antecedents for this seminar, check out prior posts on the IDB’s strategy for biofuels, the OAS’ renewed commitment to sustainable energy, and Guyana’s biofuel protential. From the Guyana Government Information Agency (GINA): Government to convene high-level bio-level seminar In light of recent reforms and growing interest in the production of bio-energy, […]
IDB’s First Loan to a Private Sector Bioenergy Project / Primeiro financiamento do BID ao setor privado para bioenergia
Thursday, July 26th, 2007From the Inter-American Development Bank (IDB): IDB approves US$120 million for biofuel project in Brazil First IDB private sector financing for bioenergy The Board of Directors of the Inter-American Development Bank today approved its first private sector financing for a bioenergy project in Brazil for a total of US$120 million to Usina Moema Acúcar e […]
An IDB-Sponsored “Blueprint for Green Energy in the Americas”
Tuesday, April 3rd, 2007At the briefing on the Inter-American Development Bank’s (IDB) biofuel investment plans for Latin America and the Caribbean (LAC), the Bank finally released the study it commissioned from consultant Garten Rothkopf on biofuels entitled “A Blueprint for Green Energy in the Americas.” To download the various portions of the study, follow this link. I confess […]
A Sustainable Energy Plan for Barbados?
Tuesday, February 27th, 2007In an earlier article, I looked at the sustainability of Brazil’s long-range energy plans. Today I examine Barbados’ recently announced 20-year plans. The government of Prime Minister Owen Arthur recently presented to Parliament a ambitious draft national energy plan that has numerous environmental elements in it. While some have applauded its stated intentions — reduction […]
A Sustainable Energy Plan for Brazil?
Tuesday, November 28th, 2006The Government’s Energy Vision Last Wednesday Brazil’s Energy Research Corporation (EPE) released the National Energy Plan 2030, the government’s blueprint for energy development for the next 24 years. The EPE is a subsidiary of the Ministry of Mines and Energy (MME), charged with energy planning. The principal theme of the plan can be found in […]