BUENOS AIRES – The Argentine government said Friday that, in compliance with a 2006 law, all diesel fuel in the country must contain at least a 5 percent of biodiesel.

“Biodiesel will be incorporated into the energy matrix, initially accounting for 5 percent of domestic demand, that is 742 million liters (196 million gallons) per year, which is equivalent to the amount of conventional diesel fuel imported by Argentina in 2008,” Planning Minister Julio de Vido told a press conference. Leer más »

Kyung Wook Hur, Vice Minister, Ministry of Strategy and Finance of Korea; and Luis Alberto Moreno, President, IDB, signed a memorandum of understanding to promote programs and projects that foster cooperation between them and, in particular, activities related to green growth, sustainable energy and climate change.

Photo: Árlette Pedraglio

The Export-Import Bank of Korea and the Inter-American Development Bank (IDB) will sign a an agreement to co-finance public and private sector projects worth as much as $2 billion in the next three years in Latin America and the Caribbean. Leer más »