Brazilian agro exports have record volume

Brazil’s agribusiness exports reached a new record in the first nine months of 2020, with a volume 16% higher than in the same period of the previous year. Data from the Foreign Trade Secretariat (Secex) also indicates that shipments of the sector generated revenues of $79 billion between January and September, up 8% in the annual comparison.

Source: Money Times

Wind power adds up to R$43 bi in Brazil

On the day that the country’s wind energy source reached 17 GW in installed capacity, a study by the Brazilian Wind Energy Association indicates that the socio-economic and environmental impacts of wind energy generation in the country are more than R$260 billion ($43 bn). According to the publication, there are three effects of investments, direct, indirect and income effect.

Source: Canal Energia

Vale’s disaster boosts ESG funds in Brazil

Brazil is still skating in relation to the international trend. The three largest ESG investment managers look after less than R$50 billion ($8.9 bn). Two of them have funds that do not exclude polluting industries, although they include ESG data to decide their investments. Other local investors have also begun to realize that ESG issues had major financial implications.

Source: Reuters