LATEST NEWS & EVENTS
LAGreen, the Latin American Green Bond Fund, teamed up with the United Nations Environment Programme Finance Initiative (UNEP FI) to promote capital market financing for green and social project investments in Latin America.
The initiative is being implemented in Guatemala, Honduras, Costa Rica, El Salvador, Nicaragua and Panama, and is aimed at strengthening the MSME sector.
@photo taken from bcie.org
Over the last five years, a total of 2,671 Honduran businesses have grown stronger thanks to a tripartite initiative, involving the EU’s Latin American and Caribbean Investment Facility (LACIF)
After a successful bond issuance, representatives of LAGreen and GF Mega agree to strengthen cooperation towards connecting sustainable projects with capital markets.
SUCCESS STORIES
Sustainable energy
Cerro Dominador: The first thermal solar power plant in Latin America
Project led by KfW
- 640,000 tons CO2 equivalent per year of direct GHG emissions avoided through the project
- 175,200 MWh/year generated by the CSP plant
- 382,000 homes supplied with electricity 24 hours/day
- at least 1,906 jobs created through the “Mirror Programme”
Support to SMEs
Eco Business fund for SME Development in Latin America
Project led by KfW
- 47,000 hectares under agroforestry systems supported
- 4.3 million tons of CO2 stored by agroforestry activities
- 4.2 million cubic meters of water saved
- 70,000 hectares of farmland under soil conservation practices
- 3,269 businesses and producers supported
Sustainable Agriculture
Modernized Irrigation Project for Small and Medium Farmers
Enabling sustainable agricultural production adapted to climate change
- 12,400 hectares are provided with an irrigation system.
- 14,150 families should benefit, many of them mestizos, indigenous, Afro-Ecuadorians and mountaineers.
Sustainable Energy
Improving the sustainability of the electricity service in Suriname
- 43% increase in annual electricity sales by EBS.
- 2,000 kW of solar PV installed capacity.
- 1,410 households benefiting from 24 hours electricity production.
- 30,000 Tons of C02eq will be reduced per year.
INTERACTIVE MAPS
Total investment cost:
EU LAIF mobilised:
Total investment cost:
EU CIF mobilised:
UPCOMING EVENTS
OUR PARTNERS
LEAD INTERNATIONAL FINANCIAL INSTITUTIONS
PARTNER FINANCIAL INSTITUTIONS
