June 8, 2020
IDB Invest, part of the Inter-American Development Bank (IDB), said Friday that it has introduced a green certification process for transmission lines.
The certification, the first of its kind for transmission lines, "will help attract new investors, particularly funds and institutional investors, who are looking for investments with high impact in the region," IDB Invest said in a press release.
A green transmission line carries electricity from renewable sources, such as wind, solar, bioenergy
New process could attract institutional investors to "high-impact" projects in Latin America, multilateral lender says