Plans for net zero world-scale methanol project in Mexico

The Pacifico Mexinol project is expected to produce around 300,000 metric tons of green methanol and 1.8m metric tons of blue methanol per year

Australia: IFC’s debut green Kangaroo bond raises $900m

Proceeds of the bond will support climate-smart projects including clean energy, green banking and energy efficient buildings in developing economies

Solar-hydrogen-battery project in Barbados receives new backing

Renewstable Barbados is also designed to host the largest sheep farm on the island, contributing to both energy and food security

Green commercial properties in Colombia receive $40m boost

Visum will use the loan to support its 2022/24 investment plan in green properties and its goal of becoming the first green real estate investment trust in Colombia

New coalition announced to support sustainable blue economy financing

The global practitioner’s guide aims to provide market participants with clear criteria, practices and examples of blue bond lending and issuances

Brazil’s Itaú Unibanco secures $200m for green vehicles lending

The investment is the International Finance Corporation’s and Itaú’s first green bond in the country, aiming to widen access to finance for the purchase of climate-smart vehicles

Istiqlal Mosque in Indonesia goes green

It is claimed to have become the first place of worship in the world to be awarded the final certification under the EDGE (Excellence in Design for Greater Efficiencies) system

Biogas $70m funding to shake up Brazil’s energy mix

Grupo Cocal will use the funding to build a biogas production unit to distribute renewable energy to the State of São Paolo from July 2022