Brazil launches green bond program for railways
Since 2 months
The program is the first green bond program for transport in Latin America.
According to a statement by Brazil’s Infrastructure Ministry, initially, under this program, three railways, which will have operating licenses auctioned, are expected to be certified as sustainable projects. The program is being developed with Climate Bond Initiative (CBI) participation.
The railways, Fiol, Ferrogrão and Fico, will require 14.3 billion reais ($2.91 billion) in investments by their new private operators.
Brazil’s green infrastructure pipeline may address the challenges faced by diverse areas within the sector, including water and sanitation, urban mobility, waste to energy and renewable energy and logistics.
What Experiences with Natural Disasters Can Teach about Recovering from the Pandemic
Natural disasters are different from pandemics. They cause death, displacement, and destruction of physical capital, and unlike a pandemic, their effects are brief and confined to the areas affected. The literature sh...
Gender Gaps in the Time of Covid-19
Over the last 30 years, women have made significant gains in Latin America and the Caribbean. Maternal deaths in childbirth have dropped by more than half, young women are slightly more educated than men, and the regi...
IDB Invest supports social and priority housing through the first social bond issued by a private entity in Colombia
IDB Invest, a member of the IDB Group, has subscribed to a social bond issued by La Hipotecaria Compañía de Financiamiento S.A. (La Hipotecaria), for 52 billion Colombian pesos with a term of five years, including a t...