EIB Vice-President Ambroise Fayolle said: “The European Investment Bank recognises the potential of building on its collaboration with BNDES. Together we will explore how the EU climate bank can play a role in supporting Brazil in its energy transition and in decarbonising its energy, industry and transport sectors, all while strengthening energy security in the years ahead. The cooperation with BNDES builds on the EIB’s global climate engagement and our support for climate action in Brazil over the last three decades.”
President of BNDES Aloizio Mercadante said: “This cooperation with the EIB, considering European Union’s relevant expertise, is an opportunity to enhance BNDES’s recognised path in fostering renewable energy to boost potential new sectors in Brazil, such as the batteries market and green hydrogen, and further explore the vast opportunities of solar photovoltaic energy. This collaboration may promote the expansion and diversification of the Brazilian clean energy matrix, which is key in promoting green reindustrialisation for the country. The MoU may also open a new stage in strengthening the partnership between the EIB and BNDES via future co-financing operations in Brazil, including for sustainable development, preservation and combating deforestation in Brazil’s Amazon region.”
EIB at COP28
Find an overview of EIB activities at COP28 on our website (https://apo-opa.co/4a4T78H). The EIB has a pavilion in the side event area of the blue zone and is running a series of events on numerous topics. You will find the full agenda here (https://apo-opa.co/47GPjZI). You are welcome to join to watch the sessions either live or later at your convenience. In addition, the EIB shares a pavilion with the group of multilateral development banks (MDBs). You will find the full agenda here (https://apo-opa.co/3RBYkhr).
