Brazil’s national development bank, BNDES, has launched one of its largest public investment initiatives in nearly a decade, committing R$10 billion in variable income through 2025. Of this, R$5 billion...
re.green, a Brazilian ecological restoration firm, has secured R$ 80 million in funding from BNDES’s Climate Fund in a first-of-its-kind deal that combines financial innovation with environmental leadership. This marks...
Reforestation startup Mombak has closed a R$100 million ($17.8 million) deal with Santander Brasil and Brazilian development bank BNDES to scale its Amazon restoration efforts. The agreement marks the first...
Petrobras and the Brazilian Development Bank (BNDES) have signed a Memorandum of Understanding to launch ProFloresta+, an unprecedented initiative aimed at purchasing carbon credits generated through Amazon reforestation. The project...
Brazil is stepping up its commitment to sustainable aviation fuel (SAF) production with a substantial $1.1 billion financing initiative. The country’s development bank, BNDES, and government funding agency, Finep, are...
Agreements with China Development Bank and Asian Infrastructure Investment Bank aim at financing infrastructure and industry in Brazil The Vice President and Minister of Development, Industry, Trade, and Services (MDIC),...