Focus
Our actions for SDGs in 2021
ACCOMPANYING CLIENT EFFORTS IN MITIGATING AND ADAPTING TO CLIMATE CHANGE The 2015 Paris Agreement reasserted the urgent need to rapidly reduce worldwide greenhouse gas emissions to limit the rise in temperature to 1.5°C versus pre-industrial levels. To participate actively in this colossal challenge, Proparco has placed promoting low-carbon development, resilient to the impacts of climate change, at the heart of its 2020-2022 strategy. Despite the difficult economic context, some 26 projects with climate co-benefits have been signed 2021, i.e. 10 more than in 2020.
Loan
30
In Nicaragua, expanding the capacity of a geothermal plant to supply clean and affordable power With a 21.4 MUSD loan granted to Polaris Energy Nicaragua, Proparco is reiterating its support in the San Jacinto geothermal plant project. The refinancing operation comes with the construction of a 10 MW supplementary binary unit increasing the capacity to 82 MW. Classified as 100% climate, it will enable 175 000 tCO2eq per year of GHG emissions to be avoided throughout the project’s lifespan.
Proparco’s Sustainable Development Report 2021
