IFC and Santander Chile Launch $100M Green Loan to Boost Sustainable Building ...Middle East

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IFC and Santander Chile Launch $100M Green Loan to Boost Sustainable Building
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In a significant step toward advancing sustainable development in Latin America, the International Finance Corporation (IFC), a member of the World Bank Group (WBG), has committed a US$100 million green loan to Banco Santander Chile. The funds are dedicated exclusively to the development of environmentally sustainable buildings, marking IFC’s inaugural green loan in Chile that is focused solely on green construction. Additionally, this is the first time the Santander Group, operating in multiple global markets, has received a green loan of this kind.

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