Brazil Launches $2 Billion Fund to Reduce Carbon Emissions

Brazil just launched a groundbreaking effort, with the National Bank for Economic and Social Development (BNDES) spearheading a new Climate Fund. As the bank announced, this initiative will channel up to 10.4 billion reais ($2.09 billion) into reducing carbon emissions, believed to combat climate change. BNDES shared in a statement that it would back projects […]

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