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The Comprehensive Tourism and Urban Development Program of the Colonial City of Santo Domingo, or Revitalization Program, launched the Housing Improvement Program in the Colonial City (Promevi) in order to rehabilitate homes in poor conditions.
LAGreen Fund, Latin America’s premier green bond fund advised by Finance in Motion and Santander Asset Management, is making its inaugural investment of USD 10 million in a green bond issued by the Corporación Interamericana de Financiamiento de Infraestructura (CIFI), a financial institution dedicated to providing debt financing for mid-sized green infrastructure projects in Panama and the region.
A new technical assistance facility for the Caribbean Sustainable Water Management and Clean Oceans programme was launched in October. The facility, which is funded by an €8.5 million grant from the Caribbean Investment Facility (CIF) will provide specialist technical support
LAGreen is supported by an EU LAIF contribution of €16,050,000 and its expected investment size amounts to over €450 million. The Fund has already invested in Costa Rica, Mexico, Ecuador and Peru as well and the Technical Assistance Facility funded by the EU has approved 17 projects in 13 countries, including training sessions on green bonds for the financial sector, support to new issuers to prepare green bonds and post issuance support.
Through the signing of two agreements, it is expected to strengthen 183 direct and indirect beneficiaries, increasing their capabilities in the circular economy, as well as accelerating their businesses.
The DINAMICA II Initiative is a tripartite effort with the aim of improving business services and strengthening the technical capabilities of MSMEs in El Salvador. Technical Assistance agreements total US$194,900.
The LACIF Technical Assistance visited the Post Earthquake Reconstruction project in Ecuador, on June 27 th 2023.
The initiative, focused on bringing together essential tools, stakeholders, and resources to enhance access to financial services among low-income communities while mitigating climate risks, is supported by LACIF with 6 million euros in Technical Assistance.
With an investment of 7 million euros, the European Union (EU) is financing the project "Strengthening primary health care and improving access of vulnerable and migrant populations to health services in the northern area of the metropolitan area of Lima”, in Peru.
Eight years since their last gathering, EU leaders and leaders from the Community of Latin American and Caribbean States (CELAC) met in Brussels for the third EU-CELAC summit.
Learn more about the EU-Latin America and Caribbean Investment Agenda Partnerships on Digital, Climate and Energy, Transport, Health, Education and Research. EU-LAC Global Gateway Investment Agenda - Infographics
