Brazil's Ministry of Economy and Climate Bonds Initiative sign agreement to make foreign trade greener


Brazil's Ministry of Economy and Climate Bonds Initiative sign agreement to make foreign trade greener

The MoU aims to expand sources of green financing for Brazilian exports


BRASÍLIA: 25/07/22: 16:00 BRT: Climate Bonds Initiative (Climate Bonds) and the Ministry of Economy, Brazil, have today, Monday (25/7), signed a Memorandum of Understanding (MoU) that aims to make Brazilian exports more competitive by disseminating sustainable practices for financing Brazilian foreign trade.

Brokered by the Special Secretariat for Foreign Trade and International Affairs (SECINT), the agreement will scale up the implementation of international best practices in sustainability and climate resilience, taking advantage of Brazil's trade, investment and sustainable finance environment.

Among the activities agreed in the MoU are the qualification assessment of Brazil’s export portfolio to identify new sustainable financing opportunities via green or transition bonds; analysis and proposal of recommendations to improve public and private financing instruments; and  capacity building in sustainable finance.

Sustainable finance market data from Climate Bonds shows that Brazil has accumulated more than US $ 11 billion in green bond issuances by May 2022. Among the sectors of the economy benefiting are agriculture, forestry, transport and bioenergy.


Leisa Souza, Head of Latin America, Climate Bonds Initiative:

"Brazil is an important global exporter and we believe that the sustainable finance agenda can open new frontiers for the country, connecting the supply of green and sustainable products with the purchasing market, which has increasingly demanded environmental and social aspects. With this, the country can contribute significantly to this global trend of sustainable finance in the export agenda. We are sure that this is a fundamental step for Brazil to demonstrate its commitment to the transition to a low-carbon economy."


Roberto Fendt, Special Secretary for Foreign Trade and International Affairs, Ministry of Economy:

"We are confident that this partnership will be a significant and lasting milestone in structuring the sustainability agenda of SECINT and the Ministry of Economy, and that it will yield excellent fruits for the development of Brazilian international trade competitiveness, scaling up sustainable and resilient practices that will contribute to the achievement of the Sustainable Development Goals and environmental commitments undertaken internationally by Brazil."


Press contact:

Mariana Caminha

Head for Regional Communications

Climate Bonds Initiative

+55 (61) 98135 1800


Luiza Mello

Communications Advisor for Latin America

Climate Bonds Initiative

+55 (61) 98209 8126


Note to the Editors:

About Climate Bonds Initiative: The Climate Bonds Initiative is a non-profit organisation focused on promoting large-scale investment in the low-carbon economy. Visit our website:



Disclaimer: The information contained in this communication does not constitute investment advice in any form and the Climate Bonds Initiative is not an investment adviser. Any reference to a financial organisation or debt instrument or investment product is for information purposes only. Links to external websites are for information purposes only. The Climate Bonds Initiative accepts no responsibility for content on external websites.

The Climate Bonds Initiative is not endorsing, recommending or advising on the financial merits or otherwise of any debt instrument or investment product and no information within this communication should be taken as such, nor should any information in this communication be relied upon in making any investment decision.

Certification under the Climate Bond Standard only reflects the climate attributes of the use of proceeds of a designated debt instrument. It does not reflect the credit worthiness of the designated debt instrument, nor its compliance with national or international laws.
A decision to invest in anything is solely yours. The Climate Bonds Initiative accepts no liability of any kind, for any investment an individual or organisation makes, nor for any investment made by third parties on behalf of an individual or organisation, based in whole or in part on any information contained within this, or any other Climate Bonds Initiative public communication.