The Brazil Sustainable Debt State of the Market H1 2025 provides analysis and recommendations to support the growth of the sustainable finance market in Brazil, through the strengthening of the thematic bond market. The market analysis is complemented by an overview of key policy developments, trends, guidance, investments, and growth opportunities for thematic bonds in Brazil.

Supported by the LAGreen Fund, this report was developed by the Climate Bonds Initiative (Climate Bonds) and Environmental Resources Management (ERM) through data analysis, research, and consultation with key stakeholders in Brazil.

Posted Nov 07, 2025

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