NEWS
Brazil launches green bond program for railways
06/09/2020 Since 4 years
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.
LATEST NEWS
IDB Invest and Banco Adopem launch the first gender bond in the Dominican Republic
The Banco de Ahorro y Crédito Adopem S.A., a Dominican Republic financial institution from the BBVA Microfinance Foundation (BBVAMF) created in 2007, has announced the issuance of a five-year gender bond with the supp...
Since 3 weeks
Read More
IDB and Sweden sign guarantee partnership to boost the Amazonia Forever program
The Swedish International Development Cooperation Agency (SIDA) has formalized a financing guarantee partnership with the Inter-American Development Bank (IDB), increasing the Bank's lending capacity for the Amazonia ...
Since 3 weeks
Read More
AIIB and BNDES sign alliance to boost sustainable development in Asia and Latin America
The National Bank for Economic and Social Development (BNDES) and the Asian Infrastructure Investment Bank (AIIB) signed a Memorandum of Understanding (MoU) to deepen sustainable development financing and promote regi...
Since 3 weeks
Read More