LATEST NEWS & EVENTS

17/08/2022

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

29/07/2022

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)

13/07/2022

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

Facility launched in 2010
54 projects approved
37 bilateral and 17 multi-country

Total investment cost: 

›› EUR 14 billion

EU LAIF mobilised:


›› EUR 471 million
Facility launched in 2012
17 projects approved
14 bilateral and 3 multi-country

Total investment cost: 

›› EUR 1323 million

EU CIF mobilised:


›› EUR 149 million

UPCOMING EVENTS


OUR PARTNERS

LEAD INTERNATIONAL FINANCIAL INSTITUTIONS



PARTNER FINANCIAL INSTITUTIONS


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