Inter-American Development Bank (IDB) approves $30 million investment in green fund for Latin America and the Caribbean

The Inter-American Development Bank (IDB) has approved a $30 million loan for the Emerging Energy Latin America Fund II, designed to boost the private sector as a driving force in clean technologies and renewable energy in the region. Latin America and the Caribbean are expected to see their energy demand increase by 75 percent by 2030, and renewable energy could account for half of that total demand, according to the IDB project team leader . The new fund will invest in renewable energy projects including wind, solar, small hydropower and geothermal, and in energy services companies using clean technologies, inc ...Zum vollständigen Artikel

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