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Loading ...US$10 Mn. to Support Sustainable Farming in Paraguay
Friday, July 10th, 2009From the International Finance Corporation (IFC): $10 Million IFC Financing Supports Sustainable Farming Operations in Paraguay IFC, a member of the World Bank Group, has provided a $10 million working capital facility to Frontera Agropecuaria del Paraguay (S.A.) to support farming operations in Paraguay. IFC’s financing will help bring farm land into sustainable production and […]
IFC Supports PET Recycling in Mexico / IFC respalda el reciclaje de PET en México
Wednesday, April 22nd, 2009From the International Finance Corporation (IFC): IFC Supports PetStar’s Launch of Recycling Facility to Reduce Waste in Mexico IFC, a member of the World Bank Group, supported the launch of operations for Petstar SA de CV’s bottle–to-bottle recycling facility, which is expected to significantly reduce the volume of non-biodegradable waste and contribute to greater longevity […]
IFC Supports Chile’s First Project-financed Wind Farm / IFC Apoya el Primer Parque Eólico Financiado en Chile
Monday, February 9th, 2009From the International Finance Corporation (IFC): IFC Supports Construction of Chile’s First Project-financed Wind Farm IFC, a member of the World Bank Group, today signed an agreement to invest $61.5 million for the construction of the Totoral Wind Farm, advancing the development of renewable energy in Chile. The 46-megawatt wind project will support the country’s […]
IFC: Financial Institutions Still Not Integrating Environment Issues Into the Investment Process
Friday, January 30th, 2009From the International Finance Corporation (IFC): New Report Urges Financial Industry to Integrate Sustainable Investing Practices A new report by IFC, the United Nations Global Compact, and the Swiss government finds that although the financial industry understands the necessity of developing methodologies and tools that examine environmental issues in the investment process, it is still […]
Brazil’s CPFL Receives Award for Leadership in Socially & Environmentally Sustainable Development
Tuesday, October 14th, 2008From the International Finance Corporation (IFC): Brazil’s CPFL Energia Receives IFC Client Leadership Award CPFL Energia S.A., Brazil’s largest private electricity company, today received IFC’s Client Leadership Award, which recognizes the company’s efforts in bringing electricity to 6.3 million new customers and creating more than 7,000 jobs. The company is also making exemplary efforts to […]
Financing Energy-Efficient Housing in Mexico / Financiamiento de viviendas con uso eficiente de energía en México
Sunday, September 21st, 2008From the International Finance Corporation (IFC): IFC Loan to Mexico’s Vertice Will Support Energy-Efficient Housing Finance IFC, a member of the World Bank Group, today announced that it will provide long-term local-currency funding to Hipotecaria Vertice, a midsize housing finance company in Mexico, to enable it to provide energy-efficient housing solutions for low- and middle-income […]
The World’s Most Sustainable Bank?
Friday, July 11th, 2008When the Financial Times and the International Finance Corporation (IFC) recently announced the winners of their annual Sustainable Banking Awards, guess who won at the global level, beating out competitors such as Citi, HSBC and Standard Chartered? Brazil’s Banco Real.* Who won the award for the Emerging Markets segment? Brazil’s Banco Real. [They won this […]
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 […]
Corfo Helps 53 Renewable Energy Projects in Chile / Corfo apoya 53 proyectos de energía renovable en Chile
Tuesday, September 25th, 2007Synopsis in English: The Chilean Economic Development Agency (Corporación de Fomento de la Producción – CORFO) this year is co-financing 53 new renewable energy projects, 13 more than it did in 2006. Of these, 29 are wind energy projects, 14 hydraulic power, five geothermal, two biomass and three biogas. In terms of location, 10 involve […]
Banco do Brasil Adopts Its Own Agenda 21
Tuesday, June 26th, 2007Photo: Valter Campanato/ Agência Brasil Synopsis in English: With much fanfare in the Brazilian media, Brazil’s oldest (founded 1808) bank and one of its largest and most profitable, Banco do Brasil (BB), announced on 30 May the launch of its very own “Agenda 21” (Agenda 21 is the name of the plan of action resulting […]