In order to increase access to climate finance, IFC announced the granting of a loan of up to USD$200 million to Banco Bilbao Vizcaya Argentaria Colombia (BBVA Colombia), one of the largest banks in the country, with the objective of promoting a financial sector greener to support the nation’s goal of becoming carbon neutral by 2050.
IFC grants a loan of up to 200 million dollars to support green finance in Colombia
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The IFC is the private financing arm of the World Bank. The loan will mostly focus on Green building, but also sustainable Agriculture and Renewable energy.
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