CAF drafts green financing plans

CAF drafts green financing plans

Debt Loans Capital Markets ESG Green Bonds Green Finance Energy Solar Wind Caribbean South America Colombia Panama Venezuela Costa Rica Ecuador

South American development bank CAF said it has committed $25 billion for environmental projects over five years, increasing the allocation for green financing to 40% by 2026. "The institution also plans to strengthen the mobilization of third-party resources, such as the issuance of green bonds and green and climate funds," CAF said in a press release on Monday. As a part of the new green strategy, CAF said it would provide $1 billion in financing for Colombia, Costa Rica, Ecuador and Panama to

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