São Paulo: Agribusiness leaders gathered to discuss finance directions for Brazilian agriculture

2018 meeting of new Committee: Focus on developing new products and investment pathways for Sustainable Agriculture

 

What’s it all about?

The Brazil Agriculture Committee, result of a partnership between the Climate Bonds Initiative and Sociedade Rural Brasileira (SRB) gathered this week for the first time in 2018 at SRB in São Paulo with support from the Gordon and Betty Moore Foundation.

The São Paulo meeting set the priorities for the year, and explored financial solutions and pathways to mobilize capital for sustainable agriculture at scale in Brazil that also supports low carbon national development.

Present in the meeting were key stakeholders in the agribusiness sector including representatives from finance, law firms, trading companies and agricultural producers.

 

Who’s saying what?

Dulce Benke, Director, Sociedade Rural Brasileira

"One of the main contributions of this implementation group would be a model that could be replicated in other regions of Brazil. It would be a project aimed to identify what would be the need of the field, what is the gap we find in a specific region, looking at what we can improve in sustainability, efficiency and technology."

 

Justine Leigh-Bell, Director of Market Development, Climate Bonds Initiative:

“The meeting today was important for setting foundations and priorities for developing a low carbon agriculture investment pipeline for Brazil, which is credible and attractive to investors. CBI brings the experience on what has been happening in the international market and supports Brazil positioning itself as a green finance powerhouse and becoming a world leader in sustainable agriculture. 

 

The Last Word

There are many opportunities in the pipeline for Brazil. Continuing the engagements that bring issuers, investors and industry stakeholders together is crucial to green finance development. 

In August, the Brazil Green Finance Initiative will have their second meeting for the year where representatives from domestic pension funds, insurance companies, banks, major industry sectors and investors will work cooperatively to strengthen the development of a local green finance market and attract international capital flows to fund the development of Brazil’s future economy.

Stay tuned!

 

‘Till next time,

Climate Bonds

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