Denmark invests big in green energy in Latin America

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

Denmark’s Energi 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.

Solving the climate challenge
The minister for energy, utilities and climate, Lars Christian Lilleholt, said he believed it was crucial to get the private sector involved in helping tackle climate change.

The project is a prime example of how Denmark uses public funds to mobilise large amounts of private investments to benefit the climate. We do this because it is crucial to get the private sector involved if we are to solve the climate challenge,” he said.

Courage to change
The foreign minister Kristian Jensen echoed the sentiment.

This is an innovative project where we provide companies in the developing world security and therefore the courage to invest in energy-efficient equipment,” he said.

“It is absolutely essential if we are to meet the new goals laid out in the Paris Agreement.”




  • The international who shaped Copenhagen

    The international who shaped Copenhagen

    Anna Maria Indrio is one of the most important architects in Denmark, having contributed to shaping Copenhagen into what it is today. Among her best-known projects are the extension of SMK and Arken, as well as the Natural History Museum and the Darwin Centre in London. She moved here 60 years ago, when “Copenhagen was gray and dormant. Predictions suggested it would become depopulated. But putting people at the center changed everything,” she said

  • Danish government passes amendment to increase citizenship fee by 50%

    Danish government passes amendment to increase citizenship fee by 50%

    Fees were raised to reflect processing costs and curb repeat applications, creating debate over whether the new charges erect barriers to political participation for internationals.

  • Internationals’ labour contributes 361 billion DKK to Denmark’s GDP, and it is growing strongly every year

    Internationals’ labour contributes 361 billion DKK to Denmark’s GDP, and it is growing strongly every year

    According to a report by the Danish Chamber of Commerce, internationals’ contribution is 12% of the country’s GDP. In 2023, it was 322 billion DKK, and in 2008, it was 136 billion DKK. “Internationals make a gigantic difference in our prosperity and welfare,” comments Morten Langager, the Director of Dansk Erhverv.

  • Inside Denmark’s innovation engine

    Inside Denmark’s innovation engine

    With half of its staff being international, the BioInnovation Institute reflects Denmark’s broader transformation into a global innovation hub. But can the country—and Europe—keep up the pace? “If reforms are made now, we can close the gap in ten years,” explains BII’s CEO

  • Denmark launches massive investment in the navy

    Denmark launches massive investment in the navy

    Two months ago, the Danish PM announced that military equipment should be purchased in a hurry. The first plans for the sea are now ready. Additional plans for warships will follow this summer.

  • International designers struggle to find jobs in Denmark

    International designers struggle to find jobs in Denmark

    Many internationals come to Denmark to work as designers, but the field appears to be one of the hardest to break into. The Copenhagen Post spoke with two internationals struggling to find their way into the industry.

Connect Club is your gateway to a vibrant programme of events and an international community in Denmark.