The United Kingdom is investing in environmental change projects in Brazil

The UK Embassy will invest in eight environmental change and bioeconomy projects in Brazil. A joint announcement with the Brazilian government took place in Brasilia at the end of March. Thus, countries have signed eight climate-related partnerships.

Brazil's National Bioeconomy Secretariat is the organization responsible for the partnership. On the UK side, in addition to the country's embassy, ​​all three ministries are participating in the project. But the partnership is a strategy between the two countries from 2023 on issues related to sustainable development and energy transition.

During this period, the United Kingdom has already invested more than R$3 billion through International Climate Finance (ICF) in Brazil. British Ambassador to Brazil Stephanie Al-Khaq said the partnership was the result of governments' shared vision that climate change exacerbates inequalities and that environmental change is a beacon for economic growth.

projects

Eight schemes involve states, ministries or banks in the country. Check out some of the list below:

1 – Support to the Ministry of Finance in the construction of a new environmental transformation program.

2 – Support the Ministry of Environment and Climate Change in the formulation of the new Brazilian Bioeconomy Strategy.

3 – Support Ministry of Rural Development and Ministry of Finance in reviewing sustainability criteria of Safra project.

4 – Support in setting up a green investment pipeline considering the Technology Needs Assessment Study of the Ministry of Science and Technology.

5 – Support to Caixa in mobilizing green investments for Brazil.

6 – Support BNDES in mobilizing green investments for Brazil.

7 – Support the State of Minas Gerais in mobilizing green investments to implement its Climate Action Plan goals.

*With information from the portal Fixed messages

*This content is aligned with the Sustainable Development Goals (SDGs) of the United Nations (UN) 2030 Agenda. In this case, SDG 17 – Partnerships and Implementation Mechanisms.

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