May 20, 2019 |
The Inter-American Development Bank (IDB) and the Argentine development bank Banco de Inversión y Comercio Exterior (BICE) have signed on to lend $160m to green energy projects in Argentina.
The IDB will contribute $100m from the Green Climate Fund (GCF), while BICE will add the other $60m, according to an announcement in the central government's official gazette.
The GCF granted $143m to the IDB in January to support four projects in Latin America, including $100m for small and medium-sized ent
IDB uses $100m from GCF to fund biomass and biogas projects, while BICE contributes $60m to the financing