World Bank approves new loan to Peru

World Bank approves new loan to Peru

International Financial Institutions World Bank Loans Debt Peru Panama ESG Coronavirus

The World Bank said Thursday that it has approved a $500 million loan to Peru for funding environmental, social and governance (ESG) investments that "strengthen the foundations for a green economic recovery." The loan is the first of two transactions to fund transition to clean energy and more sustainable housing and transport systems, "which support the development of more efficient and productive cities, among other benefits," Marianne Fay, World Bank director for Bolivia, Chile, Ecuador and

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