Brazil’s biodiesel production grows 8.5% in 2020

Brazil’s biodiesel production will end 2020 with a total of 6.4 billion litres, up 8.5% from 2019 and a record level for one year, Abiove said. The consolidation of the volume comes after the approval of the results of the 76th Biodiesel Auction, held by the ANP, which negotiated 1.1 billion litres to meet the mandatory demand for the last two months of this year.

Source: Money Times

World Bank approves $1 bn loan to expand Bolsa Familia

The World Bank approved a $1 bn (R$5.73 bn) loan to reinforce the expansion of the Bolsa Família. The measure is part of the multilateral bank’s project to preserve the income of the population most affected by the pandemic. In a statement, the World Bank said the money should benefit at least 1.2 million new families in the programme, resulting in 3 million more people being assisted.

Source: Valor Investe