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Banco Agropecuario granted $57M loan for 'green' projects

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Banco Agropecuario granted $57M loan for 'green' projects

garnered a $57million loan from France's public financial institution Agence Française de Développementfor the funding of environmentally friendly agricultural projects, Gestión reported May 4.

The financingwill help the Peruvian agricultural bank increase "its green portfolio to fightagainst climate change and to develop innovative technologies and reach producersto convey best practices," AFD's director for Peru, Alain Humen, was quotedas saying.