Envision, a global green tech leader, has partnered with the Brazilian government to accelerate the country’s green energy transition through the development of Latin America’s first Net-Zero Industrial Park. The...
Brazil is launching a landmark auction aimed at raising up to $2 billion in financing for sustainable land restoration, as part of its Eco Invest Brazil program. The initiative will...
Biomas, a Brazilian reforestation company backed by Vale, Marfrig, Suzano, Santander Brasil, Itaú, and Rabobank, has launched its first major project: restoring 1,200 hectares of the Atlantic rainforest in Bahia...
The Inter-American Development Bank (IDB), IDB Invest, and the IFRS Foundation have launched a strategic partnership to promote the adoption and implementation of the IFRS Sustainability Disclosure Standards throughout Latin...
Repsol has officially started electricity production at Antofagasta Phase 1, the company’s largest wind project to date and one of Chile’s biggest renewable installations. The 364 MW facility is located...
Cargill is expanding its footprint in Brazil’s renewable energy sector by acquiring the remaining 50% stake in SJC Bioenergia. The move gives Cargill full control of the sugar-energy company, reinforcing...
Santiago ranks 126th in global traffic congestion, with commuters spending over 23 minutes at traffic lights on a typical 10-kilometer trip, according to the TomTom Traffic Index 2024. This stop-and-go...
The Story: Ecuador has introduced a $1 billion bond as part of a debt-for-nature swap aimed at funding conservation efforts in the Amazon rainforest. This move builds on the success...
The Inter-American Development Bank (IDB) and its private sector arm, IDB Invest, are accelerating their climate and environmental sustainability efforts across Latin America and the Caribbean. By 2030, they plan...
Trafigura Group Pte Ltd, a global leader in commodities, and GenZero, a decarbonization-focused investment platform owned by Temasek, have committed over $100 million USD to expand the Brújula Verde landscape...
The Brazilian government, led by President Luiz Inacio Lula da Silva, reported a significant milestone in forest conservation: the smallest annual deforestation rate in the Amazon in nearly a decade....
A recent report from RSM International highlights the challenges and opportunities faced by 200 Latin American businesses in adopting International Financial Reporting Standards (IFRS) S1 and S2 for sustainability. The...
Dow and Ambipar have joined forces to expand plastic materials recycling in Brazil. The partnership will drive polyethylene recycling from 2,000 tons to 60,000 tons per year by 2030, positioning...
Key Impact Points: Why it matters: Preserving the Amazon rainforest is critical to combating global warming, and carbon credits are a key part of the strategy. However, a lack of...
Key Impact Points: Global Collaboration for Urban Climate Leadership Bloomberg Philanthropies announced its partnership with the Urban20 (U20) to support the upcoming U20 Summit in Rio de Janeiro, November 14-17,...
Key Impact Points: Petrobras is investing R$ 90 million to build its first pilot plant for renewable hydrogen production. Slated to begin operations by early 2026, the plant will be...
Key Impact Points: Colombia has launched a $40 billion investment portfolio aimed at catalyzing its transition from fossil fuels and adapting to climate change impacts, confirmed by an environment ministry...
Brazil is stepping up its commitment to sustainable aviation fuel (SAF) production with a substantial $1.1 billion financing initiative. The country’s development bank, BNDES, and government funding agency, Finep, are...
Brazil has endorsed the UAE Declaration of Leaders on a Global Climate Finance Framework at a G20-COP28 event, strengthening its commitment to sustainable finance. This move, announced by Finance Minister...
Brazil’s Treasury and Securities and Exchange Commission (CVM) are set to launch an innovative investment fund consortium aimed at early-stage sustainable ventures. This new vehicle will function similarly to private...