AFD and Green Climate Fund provide €50 million financing to Santa Fe Province for public infrastructure energy renovation

AFD and the Green Climate Fund (GCF) finalized a €50 million climate financing package for Argentina's Santa Fe Province. This blended finance facility targets energy efficiency upgrades across Santa Fe's public buildings, including schools, aligning with climate resilience mandates. The deal exemplifies the increasing demand for green financing solutions in Latin America, supporting Argentina's transition to a low-carbon economy and enhancing public asset value.

Counterparts (4)

Investor

Agence Française de Développement

company

Agence Française de Développement (AFD) is a public financial institution that funds, supports and accelerates the transition to a fairer, more sustainable world. AFD invests in projects that improve living standards, support economic growth and protect the planet.

Lender

G

Green Climate Fund (GCF)

company

A

Agence Française de Développement (AFD)

company

borrower

P

Province of Santa Fe

company