Geopolitics

BNDES will get $ 70 mm from the Climate Fund for sustainable projects

BNDES will receive an injection of R$ 350 million ($ 70mm) from the Climate Fund, whose resources will be used to finance sanitation projects and solid waste collection. The fund was created in 2009 and allocates resources from the oil activity in the country to sustainable projects that help preserve the climate and reduce the emission of gases that contribute to the greenhouse effect.

Source: Reuters