News
The 12thCaribbean Conference on Comprehensive Disaster Management (CDM) has kicked off on December 7 in Barbados.
This two-day event is the region’s first event on disaster risk management, delivered under the theme: “CDM Road to Resilience: Checkpoint 2022 – Advancing a Risk-based Multi-hazard Approach during COVID-19 & Beyond”.
The conference, hosted by Barbados Prime Minister, Mia Amor Mottley, is the Caribbean’s largest gathering of professionals in the field of disaster management.
25 participants, involved in urban development projects all across Latin America, were brought together by the LAIF City Life Initiative to swap knowledge and experiences in Cartagena de Indias (Colombia).
This onsite workshop, which took place at the Spanish Cooperation Training Centre in Cartagena de Indias (from 24 to 28 October), is part of a course designed to help municipal managers and experts from associations of Latin American cities.
A defining moment in the fight against climate change.
In November 2022, Egypt will host the 27th Conference of the Parties of the UNFCCC (COP27) in Sharm El-Sheikh, with a view to building on previous successes and paving the way for future ambition.
It is the 2022 United Nations Climate Change Conference. Egypt assumes the incoming Presidency of COP 27 with a clear recognition of the gravity of the global climate challenge and appreciation of the value of multilateral, collective and concerted action as the only means to address this truly global threat.
Lagreen, the Latin American Green Bond Fund established with seed capital from EU LAIF has developed with the IDB group a sustainability-linked bond issued by Bancolombia, a regional sustainable champion.
The $150 M bond proceeds will be dedicated to the bank's portfolio of investments with a social and environmental impact.
For more information read: https://lagreen.lu/lagreen-invests-in-bancolombia-bond-linked-to-unprecedented-sustainability-targets/
With the support of the Latin America and Caribbean Investment Facility (LACIF), EIB Global is working with the development bank FONPLATA in Argentina, Bolivia, Brazil, Paraguay and Uruguay on a series of urban and rural development projects.
Communities in remote villages in the Bolivian Andes have no access to mains electricity or running water. Until recently, they had to make do without electricity and relied on natural water sources that were often polluted, and often far from their homes.
The EU and Caribbean countries have kickstarted a new ambitious round of cooperation major issues such as the ‘Green Deal’, ‘Economic Resilience and Trade’ and ‘Governance, Security and Human Development.’
This cooperation, under the EU’s new international strategy ‘the Global Gateway’, has been formally launched during a meeting when European Commissioner for International Partnerships Jutta Urpilainen met leaders from 16 Caribbean countries (CARIFORUM representatives) in Barbados on October 12, 2022.
These new partnerships will be implemented until 2027 and will propose concrete actions to fight climate change, protect biodiversity, foster digital innovation and mobility of students and university staff in the region.
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 partners have launched a series of capacity building programs on green, social, sustainability, and securities-based lending bonds addressed to the banking sectors across the region. The first events have already taken place in Bolivia, Costa Rica, Ecuador, Mexico, Panama, Peru, and the Dominican Republic, and will be followed by an event in Brazil later this month.
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)
Latin America and the Caribbean Climate Week 2022 (LACCW 2022) will be held from 18-22 July in Santo Domingo, Dominican Republic. The Week will engage and empower stakeholders to drive climate action across countries, communities and economies. Working together opens opportunity to advance climate action, address social inequalities and invest in development that is good for humanity and nature. LACCW 2022 is a collaboration platform to explore: resilience against climate risks, the transition to a low-emission economy, partnerships to solve pressing challenges.
The Latin American Green Bond Fund (LAGreen) and Operadora de Servicios Mega (GF Mega) strengthened their commitment to promoting sustainability bonds in Mexico. This follows LAGreen supporting the MXN 3,000 million (ca. USD 150 million) publicly listed sustainable bond issued by Mega in May. The fund subscribed MXN 506 million (ca. USD 26 million) as one if its anchor investors and will provide ongoing technical assistance to support post issuance activities related to the bond.
