National tourism lost R$41.6 billion ($7.7 bn) between March and September 2020, the period of the COVID-19 pandemic in Brazil. The amount represents a 44% drop in revenues compared to the same period last year, according to a survey by FecomercioSP. The retraction is mainly driven by the air transport sector.
Source: Isto É
Known for its commitment to the ESG theme, Nordea Asset Management wants to expand access to knowledge in Brazil, in a market that is increasing interest in the theme. XP Inc. has partnered with Nordea Asset to train its more than 7,000 investment advisors on ESG practices.
Among the new investments of the ex-Brookfield Energia Renovável is the largest 1.2 GW solar photovoltaic plant to be installed in the country. Elera Renováveis, the new name for Brookfield Energia Renovável’s Brazilian operations, will invest R$4 billion ($740 mm) by 2023 to more than double its installed capacity of renewable energy in the country, reaching 3.3 GW.
Source: Energia Hoje
11 Brazilian companies are in the new portfolios of the Dow Jones Sustainability Index. The list brings together the actions of global sustainability leaders. The global selection includes Bradesco, Banco do Brasil, Itaú Unibanco, Klabin, Renner and Cemig. In the emerging market index are Banco do Brasil, Bradesco, Itaú, Itaúsa, Embraer, Fleury, Natura, Klabin and Suzano.
Source: Valor Investe
The National Electrical Energy Agency has decided on the commercial operation of two wind turbines in the Ventos de São Januário 05 park, adding 8.4 MW of installed capacity in the municipality of Campo Formoso (BA), in a project awarded to EDF Renewables in Brazil.
Source: Canal Energia