Brazil Aims to Attract $20 Billion for ESG Projects Using $2 Billion Climate Fund Leverage
Brazil’s Treasury and Securities and Exchange Commission (CVM) are set to launch an innovative investment fund consortium aimed at early-stage sustainable ventures. This new vehicle will function similarly to private equity funds (FIPs) and receivables investment funds (FIDCs), providing crucial financing for projects aligned with ecological transformation.
Photo courtesy Fernando Dantas.
Source: ESG News (link opens in a new window)
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- Environment, Technology
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- ESG, innovation, sustainable finance
