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

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

    Charlotte WhitmoreBy Charlotte WhitmoreDecember 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.”

    Charlotte Whitmore

    Charlotte Whitmore is a contributor at Mediarunsearch.co.uk, covering a broad range of topics including news, politics, business, technology, sport, entertainment, and lifestyle. She focuses on delivering clear, balanced reporting and practical information that helps readers stay informed about current events and emerging developments. Her work highlights stories that matter to everyday audiences, with an emphasis on accuracy, relevance, and accessible journalism that keeps readers connected to the issues shaping the UK and beyond.

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