Sustainable projects in Brazil should attract $642 bn in 20 years

Brazil is a land of opportunities for investors that evaluate capital injections based on socio-environmental criteria, according to an unprecedented research published by Brazil Green Finance Programme, an alliance between the Brazilian and British governments to leverage sustainable investments and accelerate the low carbon economy. According to the report, the fundraising potential in the country will reach R$3.6 trillion ($642 bn) in the next 20 years.

Source: Exame

FCA moves more than 39 million tons in 2020

Ferrovia Centro-Atlântica (FCA) has announced the operating balance sheet for the year 2020 with positive figures, resulting from the investments made by the parent company over the last years. Last year, the company handled 39.08 million tons, compared to 35.95 million tons in the previous year, an 8.6% growth in the period. In the comparison between 2016 and 2020, the flow of cargo grew 28.8%. The net revenue from these operations jumped from R$ 2.41 billion ($430 mm) in 2019 to 2.68 billion ($478 mm) in 2020, an increase of 11%.

Source: Portal do Agronegocio

Brazil leads wind energy growth in Latin America in 2020

Wind power grew by 62% in Latin America and North America in 2020 compared to 2019. Capacity grew by 22 gigawatts (GW) to 168 GW. The country leading the rise is the US, with around 17 GW more between 2019 and last year, which represents an 85% rise in output. Already when we look only at Latin America we see Brazil in first place, with a rise of 2.3 GW in production.

Source: Money Times

Fortescue targets green hydrogen plant in Brazil

Australian mining company Fortescue plans to build a green hydrogen facility in Brazil amid a recently announced target to become carbon neutral by 2030. Fortescue Future Industries , a unit of the company, has signed a memorandum of understanding with Porto do Açu, a major industrial and port terminal in the country, to study the feasibility of installing a 300-megawatt (MW) green hydrogen plant at the site.

Source: UOL Economia