Americas > Brazil incorporates cap-and-trade in $346 bln plan to bolster economy

Brazil incorporates cap-and-trade in $346 bln plan to bolster economy

Published 22:55 on August 11, 2023  /  Last updated at 23:01 on August 11, 2023  / Allison Gacad /  Americas, South & Central

Brazil President Luiz Inacio Lula da Silva on Friday earmarked an infrastructure investment of R$1.7 trillion ($346 bln), with an emphasis on decarbonising Brazil through a regulated carbon market and issuance of sustainable sovereign bonds.
Brazil President Luiz Inacio Lula da Silva on Friday earmarked an infrastructure investment of R$1.7 trillion ($346 bln), with an emphasis on decarbonising Brazil through a regulated carbon market and issuance of sustainable sovereign bonds.


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