Brazilian private banks and renewable energy companies are ready to issue green bonds after the success of a $1bn issuance in May 2017.
“One of the reasons for that issue is to set a benchmark for green bonds in the Brazilian market,” André Carvalhal, the head of the BNDES market fundraising department told Recharge.
He indicated that the development bank could back these issues by buying them, although nothing has been formally decided yet.
