EIB Global and Banco do Brasil join forces to empower women and promote sustainable development in the Amazon region
Luxembourg, Nov. 11 -- The European Investment Bank Group's development arm, EIB Global, has signed a statement of intent with Banco do Brasil for a €350 million funding initiative to support women entrepreneurs and the implementation of clean energy in the Legal Amazon region. The partnership was formalised during the 30th United Nations Climate Change Conference - COP30 - in Belem, Brazil.The project will support the development of the private sector in the Amazon region through microcredit for microenterprises owned or managed by women, and for renewable electricity generation projects, mainly produced by rooftop solar panels for self-consumption in remote communities. The partnership will empower women entrepreneurs, promote job c...
To read the full article or to get the complete feed from this publication, please
Contact Us.