The National Bank for Economic and Social Development (BNDES) and the United Kingdom government signed, in Rio de Janeiro, a cooperation agreement on green finance, within the scope of the Prosperity Fund, created by the British government for social development and economic development of partner countries, such as Brazil, and also to stimulate competition and innovation in these nations.
The British ambassador to Brazil, Vijay Rangarajan, said that impact investments around the world demonstrate how investors are considering environmental, social and governance factors in their decisions. “We will work together with Brazil to strengthen the green finance market and facilitate transactions and investments by institutional investors from both countries. We are developing work with BNDES to support the integration of socio-environmental elements into investment processes and internal policies and engage institutional investors in financing sustainable infrastructure in the country”, declares the ambassador.
