At a meeting of the G20 Sustainable Finance Working Group in Rio, Brazil received backing from member countries for its proposal to improve the functioning of climate and environmental funds. The goal is to ensure that resources reach the countries in need more quickly and effectively.
Author: Agência Brasil
Embrapa, Brazil’s agricultural research agency, and the Inter-American Institute for Cooperation on Agriculture (IICA) will sign a cooperation by the end of the year to bring 30 technicians from African countries for training at Embrapa facilities. The schedule and countries have not yet been defined.
The group of major world economies is having a week of activities in Rio de Janeiro from Monday (22) through Friday (26). High-level meetings on finance and development will be held, along with the pre-launch of the Global Alliance against Hunger and Poverty.
São Paulo governor and secretaries are on a roadshow to the United States, United Kingdom, and Portugal to present to investors the model of public offering of stocks of local water utility Sabesp.
Brazilian oil company approved the resumption of operations of plant ANSA, which is located in southern state Paraná and has been mothballed since 2020. Fertilizer production became part of Petrobras’s 2024-2028 strategic guidelines.
The Brazilian gross domestic product grew compared to the same period last year. Compared to the last quarter of 2023, it rose by 0.8%, above market expectations. Industry and services posted growth, but agriculture was down.
Steel-producing companies announced they aim to make these investments by 2028. This comes after a series of measures in favor of the Brazilian steel industry.
Country won vote to host the women’s tournament in 2027. Bid includes ten stadiums. Morocco was the only Arab country to participate in Fifa Women’s World Cup 2023.
Rating agency Moody’s maintained the Ba2 credit rate but revised the outlook to positive, meaning it could be raised in the future.
Over half of Brazilian extractive and transformative industries introduced a new product or process in 2022. Machinery and equipment manufacturers were the most innovative.
Revenue of tourism-related enterprises and services grew by 7.8 percent in the Latin American country in the past year. Sectors with the best performances included hire of means of transport.
Eurochem mine and plant complex will produce tonnes of fertilizers to cater to Brazilian farmers. Volume accounts for 15% of Brazil’s phosphate output.
Brazilian oil giant posted in 2023 the second-best result in its history, despite a fall from a year earlier. Record highs in output supported the result.
Brazil’s G20 sherpa Mauricio Carvalho Lyrio said that the country has made upgrading global governance and mechanisms for peacebuilding a top priority. Foreign ministers from the G20 group are gathered in Rio de Janeiro from Wednesday to Thursday (21 and 22).
