NEWS
The IDB grants US$ 80 million to BICE and the City Bank for green projects en Argentina
12/13/2018 Since 2 years

Disbursements will be made through BID Invest. The objective of these loan agreements is to facilitate greater investments through the provision of long-term credit, in dollars and with characteristics according to the nature of renewable energy and energy efficiency projects. Besides, BICE has issued a ‘sustainable’ bond -the first one with these features launched in Latin America -that was fully subscribed by BID Invest. The funds will be earmarked to projects that meet one of these objectives: fight against poverty, gender equality, clean energy, decent work, innovation and infrastructure, reduction of inequalities and climate action.

This post is also available in: Spanish

LATEST NEWS
Brazil to promote public-private partnerships for infrastructure projects with IDB support
Brazil will promote new models for private investment in infrastructure to boost service quality, the socio-environmental impact of investments, and economic growth and productivity with a $20 million loan approved by...
Since 6 days Read More
Chile is testing the markets to issue new green and social bonds
The funding will be in euros and the proceeds will go to finance sustainable initiatives and social programmes. During 2020 countries and companies placed debt with the promise that the resources collected would go...
Since 5 days Read More
Green bond market expected to take off in Argentina
The Argentine thematic bond market is looking for its platform to take off in Argentina. This is a relatively new niche in the country and in the region that requires certification under international standards, and h...
Since 1 week Read More