Brazil Biofuel, Sustainable Projects Get $100 Million From IDB
This article is for subscribers only.
The Inter-American Development Bank approved $100 million in financing for biofuel and sustainable agriculture projects in Brazil.
The funds will be for investments through Banco ABC Brasil SA, said Luiz Antonio Assumpcao Neto, director of foreign funding at ABC. The Brazil bank has one year to choose projects and existing businesses to finance.