This report provides a comprehensive overview of the Sustainable Infrastructure Debt Fund’s (SIDF) performance during its inaugural year, highlighting its progress in financing renewable energy projects and advancing sustainable development across Latin America and the Caribbean. It outlines the Fund’s strategic role in mobilizing private capital toward climate‑aligned infrastructure, emphasizing its alignment with international frameworks such as the IFC Performance Standards, the Equator Principles, and the Paris Agreement. As of January 2024, the SIDF had reached USD 138 million in commitments at first closing, with 53% of the fund’s initial capitalization committed within the first five months, demonstrating strong market traction. The Fund’s ESG approach, grounded in climate change mitigation, human rights, gender considerations, and internationally recognized sustainability standards, is fully integrated into the investment cycle through a robust Environmental and Social Management System.

The report presents the composition of the 2023 portfolio, consisting of four renewable energy projects across Brazil, Chile, and the Dominican Republic, all classified as Tier I for ESG performance. It details results from due diligence assessments, annual monitoring, and the implementation of Environmental and Social Action Plans across all financed projects. Key impact indicators include installed solar capacity, annual energy generation, greenhouse gas emissions avoided, and the number of people gaining access to clean energy. The report additionally highlights the Fund’s early contributions to decarbonization, energy access, and job creation, benefits consistent across the SIDF’s distributed generation and utility‑scale solar investments. Through its disciplined investment process, strong governance structure, and early successes in portfolio deployment, the SIDF reaffirms its commitment to channeling capital into sustainable, high‑impact infrastructure while fostering resilience, inclusivity, and climate‑aligned economic growth across the region.