The Brazilian Development Bank (BNDES), approved a pilot operation for the acquisition of $10 million in carbon credits
With this initiative, BNDES intends to support the development of a voluntary market to commercialize these titles, in addition to validating quality standards to conduct projects of decarbonization of the Brazilian economy until the end of 2022, helping preserve the environment. pic.twitter.com/JFiaPe9Iq7
— Government of Brazil (@govbrazil) April 11, 2022
This is going to be the bank's first acquisition of carbon credits in its history, and the pilot initiative will serve as an opportunity to seek improvements and review processes before deciding on the best model. As a result, it will help Brazil create a thriving green economy. pic.twitter.com/AODCUyKEfb
— Government of Brazil (@govbrazil) April 11, 2022
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