$52.2 Million Bond started for Latin America Environmental progress

Agriculture

The Development Bank of Latin America (CAF) announced the placement of the first green bond for an amount of $ 52.2 million, to finance various projects with high environmental and social impact in the region.

The financing, which will be for a term of ten years and a coupon of 6.75%, is part of CAF’s Green Bonds Emissions Program, for a total amount of $ 600 million, and will finance various projects in Ecuador, Panama and Peru.

The placement of this first green bond of CAF was in charge of JP Morgan.

“We are committed to the migration towards low carbon economies and resilient to climate change, so 28% of the total amount of credit and technical cooperation operations in 2017 corresponded to green financing,” said Luis Carranza, CEO of CAF.

 

READ MORE:http://laestrella.com.pa/economia/coloca-primer-bono-verde-522-millones/24064207

No Comments

Leave a Reply

Your email address will not be published.

Conservation
Scientists look to past to try to save marine future in Panama.

https://www.laestrella.com.pa/vida-y-cultura/descubriendo-el-pasado-marino-XF6557365 Researchers at STRI’s O’Dea Laboratory focus on marine paleontology to understand the history of the oceans and provide valuable information for conservation and public policy. The Punta Culebra Natural Center of the Smithsonian Tropical Research Institute (STRI), located on the Amador Causeway, receives visitors and students from Panama and …

Conservation
Confirmation of next “Extinction” level event on the horizon. Not unexpected.

To keep into context, since 1900, the population has depleted “70%” of LIFE on  Earth. That is “LIFE” defined as plants, land, animals, ocean life, etc. It does not take a genius to see that the status quo has failed and more is on the horizon.  https://www-laestrella-com-pa.translate.goog/vida-y-cultura/nuevo-estudio-confirma-el-sexto-evento-de-extincion-masiva-MK6396842?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc According to this …

Energy/Infrastructure
Now this makes me HAPPY, cause Mi AMBIENTE sucks so royally!!! Outside visionairies

The environmental diversity of PANAMA has the potential to lead the way in the progress and pursuance of CLEAN energy for generations going forward. This forward thinking company is leading the way in LATAM. EnfraGen has become one of the largest renewable energy generators in the country with an operational …