Santander allocated in 2019 $1.5bn to finance renewable energy projects

Santander bank will consider climate risk in their credit ratings. Last year, the bank’s Brazilian operation allocated 4.5 billion Reais ($ 1 billion) to finance renewable energy and participated in the issue of 6.6 billion Reais ($ 1,5 billion) in green bonds, which are debt securities linked to projects with low environmental impact.

Source: Exame

Brazilian chicken meat exports grow 10% in February

Brazilian chicken meat exports grew 10% in February in comparison with the same period last year. Considering all products, between fresh and processed, sales totalled 348.4 thousand tons in the last month, against 316.7 thousand tons in the second month of 2019. February exports generated revenues of $ 553.8 million, a result 5.2% higher than the $ 526.4 million made in the same period last year.

Source: G1

Dollar goes up for the 12th time

The growth remained despite the fact that the Brazilian Central Bank sold $ 3 billion in currency swap. The dollar hit a historic record again this Thursday, reaching R$ 4.67 at the peak of the day, with the Brazilian currency battered along with other risk assets worldwide due to obstinate fears related to the coronavirus. The high is the 12th consecutive. Only in March the currency jumps 3.79% and shoots 15.90% in the accumulated of 2020.

Source: Reuters