In an innovative decision, the National Treasury plans to issue debt on the international market later this semester, possibly in September. This operation will mark a significant step for Brazil, as it will be the first time that the country will issue bonds linked to social and environmental projects, a growing trend in the sustainable debt market worldwide.
Although the exact date and amount of the issuance have not been disclosed, the action is in line with the growing demand for investments in sustainable projects and awareness of global environmental issues.
One of the purposes of this issuance is to supply the Climate Fund, an entity linked to the Ministry of Environment and Climate Change and operated by National Development Bank (BNDES). The fund's central objective is to finance energy transition projects, including initiatives such as the development of green hydrogen plants, offshore wind energy projects, low carbon fuels and reforestation programs.
To attract international investors, the National Treasury will ensure that the funds raised are compatible with specific budget actions. This means that the government is committed to using the amount equivalent to the amount raised in concrete sustainable actions. An official document will be issued to certify investors that these actions will be properly implemented.
It is worth remembering that the National Treasury carried out only one external funding this year, obtaining US$ 2.25 billion in April with 10-year bonds and a rate of return of 6.15% for investors.
At the same time, the BNDES is also committed to boosting the country's energy transition. The bank is preparing a financing plan of more than R$ 50 billion for large energy transition projects, with an emphasis on areas such as green hydrogen, offshore wind energy, low-carbon fuels and the replacement of public transport fleets with electric buses . Luciana Costa, director of Infrastructure, Energy Transition and Climate Change at BNDES, points out that this financing will be possible through the Climate Fund, which currently has R$ 2.5 billion, but has the potential to expand its resources, possibly through the issuance of green bonds in the international market.
With this initiative, Brazil seeks to consolidate its commitment to environmental sustainability and the transition to cleaner and more efficient energy sources. The issuance of sustainable bonds and the financing of energy transition projects demonstrate the growing importance of environmental responsibility and the search for a greener and more resilient future.
