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Brazil won't have its own IRA, says BNDES
26 September 2024Brazil is unable to launch its own Inflation Reduction Act (IRA) or 'Green Deal', BNDES has told an Environmental Finance conference, predicting that it will instead look to issue more sustainable sovereign debt.
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BNDES warns not all Brazil's reforestation projects will be economically viable
23 September 2024Financing Brazil's reforestation will be critical to delivering the country's Paris Agreement commitments, but projects might not always be "economically viable" for the private sector, BNDES has said.
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Brazilian development bank to fund next wave of renewable technology
19 September 2024The Brazilian Development Bank (BNDES) wants to fund the next wave of renewable technology in the country, but there is a need for more blended finance, according to Luciana Costa, infrastructure, energy transition and climate change managing director at BNDES.