Nordic investors want change in Brazilian deforestation policy before making further investments

On Thursday, five of the largest Nordic asset managers and investors, had a video conference with the Brazilian administration, expecting a change of direction in the county's policies. After snubbing Amazon donations last year, Brazil hopes they’ll resume.
Brazilian rainforest | Photo: Ole Lind
Brazilian rainforest | Photo: Ole Lind
By Simone Iglesias, Vinícius Andrade and Samy Adghirni / BLOOMBERG

Norway and Germany are speaking with Brazil about resuming donations, but the countries are conditioning their contributions on their acceptance of Brazil’s deforestation policies, Vice-President Hamilton Mourao told reporters after a video conference Thursday with the chief executive officers of seven European investment funds and one Japanese one.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Further reading