Brazil's Green Finance Initiative (Iniciativa Brasileira de Finanças Verdes)
September 2nd was the inaugural meeting of Brazil's Green Finance Initiative. Jointly convened by the Business Council for Sustainable Development (CEBDS) and the Climate Bonds Initiative, the Initiative will develop and promote policy and market mechanisms to catalyse a robust pipeline of opportunities for green investments in Brazil.
The Initiative brings together high level representatives from Brazil’s pension funds, public and private banks, insurance companies, local market institutions and key industrial sectors. The initial meeting took place in São Paulo, with the first order of business to set broad objectives and a timetable for future meetings.