The four major South American countries — Brazil, Peru, Chile, and Argentina — can all take greater climate action, according to Climate Action Tracker. The Climate Action Tracker is an independent science-based assessment of the emission commitments and actions of countries, tracking individual national pledges, targets, INDCs, and currently implemented … [continued]
UK Prime Minister David Cameron has announced his country will pledge £5.8 billion to the International Climate Fund between 2016 and 2012. Speaking to a lunch of leaders at the UN in New York on Sunday, David Cameron pledged the UK would commit £5.8 billion from its existing 0.7% official development assistance … [continued]
A subsidiary of Japan-based Sojitz Corporation has announced plans to invest in the first utility-scale solar power project in Peru. Sojitz Corporation of America has signed an agreement with Grupo T-Solar Global, S.A. to invest in two solar power projects in Peru. Sojitz will take up a 49% equity stake … [continued]
Clean energy investments soared higher in Latin America in 2012 amid an overall, global contraction. Four Latin American countries registered triple-digit percentage increases, with Brazil leading the way in terms of dollars invested. The data was released by Bloomberg New Energy Finance in advance of ACORE’s third Latin America & Caribbean Renewable Energy Finance Forum, which is being held in Miami this week.
