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

 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. The government will channel Climate Fund resources to financial institutions to structure foreign-exchange and performance risk-hedging mechanisms, which the Finance Ministry said would... Continue Reading →

OceanPact Signs Contracts with Petrobras for Marine Environmental Monitoring Valued at Over R$700 Million

Sept. 18 (TN) OceanPact has signed two contracts with Petrobras, valued at over R$700 million, to perform marine environmental monitoring services in the oil company's areas of interest. The contracts, signed after a competitive process governed by Law 13.303/16, provide for the collection of environmental samples of water, biota, and sediments, as well as the... Continue Reading →

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