Brazil, Nov. 14 -- The Inter-American Development Bank (IDB) and the Central Bank of Brazil have signed a first-of-its-kind agreement to enable up to $3.4 billion in foreign-exchange hedging to help mobilize private investment for sustainable development, starting with Brazil's Eco Invest Program.Structured under internationally recognized International Swaps and Derivatives Association (ISDA) standards, the agreement creates a dedicated FX Hedging Conduit that allows the IDB to supply long-dated derivatives through the Central Bank, which will then be channeled to Eco Invest beneficiaries via local?banks. By reducing currency risk, the mechanism unlocks long-term private capital for investments in areas such as renewable energy, the bioeco...