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    Home»Economy»BNDES signs US$1 billion contract with World Bank at COP28
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    BNDES signs US$1 billion contract with World Bank at COP28

    Camelia KirkBy Camelia KirkDecember 4, 2023No Comments1 Min Read
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    BNDES signs US billion contract with World Bank at COP28
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    President of BNDES, Aloisio Mercadante. (//disclosure)
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    President of BNDES, Aloisio MercadanteHe evaluated the Foundation’s participation in COP28, in Dubai. Among the agreements signed was the signing of a memorandum with the World Bank 1 billion dollars To finance production Green hydrogen. He also stated that another €300 million has been invested by the European Development Bank (EIB) for sustainable economic transformation.

    We also received with the Minister [do Meio Ambiente e Mudanças Climáticas] Marina [Silva] Another non-refundable donation from the UK, which is very important, and once it arrives in Brazil, we will have very strong new announcements with other international partners,” Mercadante stated.

    “So, the result of leveraging the bank’s capital, financing conditions, and very favorable circumstances is amazing,” he added.

    Mercadante traveled from Dubai to Germany, where he followed Lola’s entourage. The authorities return to Brazil to participate in the Mercosur meeting in Rio de Janeiro, which the President of the Republic considered “decisive.”

    See also  Brazilians see a declining state and a bankrupt society, according to research
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    Camelia Kirk

    "Friendly zombie guru. Avid pop culture scholar. Freelance travel geek. Wannabe troublemaker. Coffee specialist."

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