India and China, Full Speed Ahead in Climate Change Mitigation

While the United States is wondering what will happen next on climate change mitigation in their country, both India and China have recently unveiled very ambitious plans to fight local air pollution and global climate change. According to an article from the Guardian, India plans nearly 60% of electricity capacity from non-fossil fuels by 2027. ThisContinue reading “India and China, Full Speed Ahead in Climate Change Mitigation”

China Seizes Opportunities in Latin America

China has big plans for Latin America—plans that seem to reflect China itself: massive and ambitious. There are plans for a $10 billion, 3,300-mile-long transcontinental railroad snaking through the jungles of the Amazon river basin and over the highest mountain range in Latin America, linking the Atlantic shore to the Pacific. There’s talk of aContinue reading “China Seizes Opportunities in Latin America”

Wind and Solar Costs Are Plummeting: Now What Do We Do?

For years, debates about how to reduce carbon emissions from electricity generation were framed as trade-offs: What is the cost premium we must pay for generating zero-carbon electricity compared to fossil fuels, and how can we minimize those costs? Fortunately, the holidays came early this year for renewable energy: In investment company Lazard’s annual reportContinue reading “Wind and Solar Costs Are Plummeting: Now What Do We Do?”

IDB Approved Billions for Caribbean Projects in 2016

The Inter-American Development Bank (IDB) says it had provided US$11.7 billion for various projects in Latin America and the Caribbean in 2016. The Washington-based financial institution said funds were also provided by its subsidiary Inter-American Investment Corporation (IIC). “Between the IDB and the IIC, disbursements exceeded US$9.6 billion during the year, confirming the IDB Group’sContinue reading “IDB Approved Billions for Caribbean Projects in 2016”

IDB Backs Paraguay Agriculture, Economic Program

Paraguay will improve the competitiveness of its farm and livestock sector and its economic integration, particularly in the east of the country, with a road upgrade and conservation project backed by a $90 million loan approved by the Inter-American Development Bank (IDB). The beneficiaries will be users of the highway grid, especially small- and medium-sizeContinue reading “IDB Backs Paraguay Agriculture, Economic Program”

Agreement Between BNDES and IDB foresees US $ 2.4 Billion for Infrastructure

Investment Resources can be used to finance sustainable energy sectors and in micro and small enterprise projects The National Bank for Economic and Social Development (BNDES) approved this week a US $ 750 million loan for the Sustainable Energy Finance Program. The project focuses on increasing alternative renewable energy participation –  wind, solar and biomass –  the Brazilian energyContinue reading “Agreement Between BNDES and IDB foresees US $ 2.4 Billion for Infrastructure”