April 26, 2024
Within Our Network
We extend our congratulations to Terrasos for their recognition in the recent Nature Finance report as a leading company in biodiversity credits. Keep up the outstanding work!
LATAM Highlights
Brazil
Diplomats suggest that Lula's plan for a South American summit is unlikely to materialize in the current tense regional climate. (Reuters)
Colombia
Colombia's minister predicts $10 billion in foreign investment from Europe this year. (Reuters)
Argentina
Argentina's Milei faces the largest protest yet as students march against budget cuts. (Reuters)
Chile
Chile anticipates record copper production next year. (Reuters)
Panama
First Quantum considers removing copper from Panama mine post-election, says CEO. (Reuters)
Ecuador
Ecuador votes to strengthen security measures amidst nationwide surge in violence. (Time)
Venezuela
Exclusive: Venezuela accelerates cryptocurrency transition amid return of oil sanctions. (Reuters)
Mexico
Mexico's president considers a new pension fund ahead of the election. (Reuters)
Notable Transactions
Curio, a startup recycling nuclear waste, raised a $14M seed round led by Synergos.
Sustainability specialist GEF Capital Partners raised a $325M fund to make energy-efficient bets.
French energy group TotalEnergies will acquire Malaysian oil company Sapura Energy’s 50% stake in oil and gas upstream company SapuraOMV for $705M.
Brazil’s Eletrobras obtained bondholders’ approval for a $780M public share sale of its stake in power grid operator CTEEP.
360 Energy Solar, an Argentine-based solar power producer, has received a significant boost, with Stellantis acquiring a 49.5% stake for $100M.
Essential Read
The IAEA presents its report on nuclear energy to the G20 during Brazil's presidency.
Podcast Spotlight
Explore how China's clean-tech surplus challenges US onshoring aspirations in this podcast episode. Tune in now!
Stat of the Week
Carbon credits bridge financial gaps, aiding developing nations. In 2019, Europe and North America dominated purchases, but by 2022, over 90% came from elsewhere, highlighting global reach. Explore for more insights.
Our LinkedIn Updates and Posts
- Belém gears up to host COP30. Discover here the city's preparations, hopes, and challenges as it gets ready to welcome the world at next year’s UN climate summit.
- Meet the leaders of the $1.8 trillion climate tech revolution. Click here to learn more.
Meme of the Week
