Denmark invests big in green energy in Latin America

Energy Savings Insurance received a donation of 130 million kroner from the Green Climate Fund.

The project hopes to make green energy economically viable for businesses in Latin America (photo: iStock)

Denmark’s Energy Savings Insurance, a green energy insurance project being developed in connection with the Inter-America Development Bank, has just received a donation of 130 million kroner from the Green Climate Fund.

The project, which targets small and medium businesses in Latin America, aims to provide them a measure of certainty that their investments in green energy pay off through lower energy bills.