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Brazil's government aims to raise $2 billion in financing with new Eco Invest auction


🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
The government of President Luiz Inácio Lula da Silva expects to raise $2 billion in financing for sustainable projects through a new auction to be announced on Monday as part of the Eco Invest Brazil program, focusing on initiatives to recover degraded pastures. The new auction is part of the "blended finance" line of the Eco Invest program, which combines public and private capital to reduce financing costs and stimulate sustainable initiatives in the private sector, while also reducing the ri

Read the Full Reuters Article at:
[ https://www.aol.com/news/brazils-government-aims-raise-2-123630909.html ]
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