Brazil announces new auction to lure foreign capital into green projects with FX hedge mechanism
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Brazil announces new auction to lure foreign capital into green projects with FX hedge mechanism

by Inkhabar webdesk
Brazil announces new auction to lure foreign capital into green projects with FX hedge mechanism

BRASILIA, Oct 8 (Reuters) – Brazil's government on Wednesday detailed a new Eco Invest auction to attract foreign equity into innovation and sustainability projects, offering a foreign exchange hedge mechanism for the first time. Launched last year, Eco Invest seeks to channel international capital into long-term sustainable ventures. The first auction was held in October 2024, followed by a second in August focused on restoring degraded pastureland. (Reporting by Marcela Ayres)

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