Brazil’s National Development Bank (BNDES) is seeking closer ties with multilateral financing agencies such as the World Bank and Inter-American Development Bank (IDB) in order to diversify financing for the country’s wind power industry.
“We are in talks with the IDB, the [World Bank’s] International Finance Corporation (IFC) and the IIC [the Inter-American Investment Corporation, a unit of the IDB] but this will have to undergo a stage of acquiring knowledge.
