Highlights

• IFC and BTG Pactual will mobilise up to $1 billion by 2028 for sustainability and development in Latin America.
• Investments will be directed toward climate change, conservation, infrastructure, and the bioeconomy.
• The tie-up shows the private sector’s role in advancing climate finance and sustainable growth.

Brazilian investment bank BTG Pactual and the International Finance Corporation (IFC), the private sector arm of the World Bank, have announced a joint plan to invest up to $1 billion in sustainability and development projects in Latin America.

The initiative is set to run until 2028 and aims to direct capital into areas that promote economic growth and climate solutions.

This partnership matters because Brazil, home to the Amazon rainforest, is a critical region for biodiversity and climate action.

By mobilising private sector funding, the agreement shows the growing role of climate finance in addressing global challenges.

The investments will focus on social development, environmental conservation, infrastructure, and the bioeconomy, which involves using natural resources in sustainable and innovative ways.

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According to IFC’s regional vice-president Alfonso Garcia Mora, the private sector must play an active role in tackling climate change and improving lives.

In line with this, BTG Pactual’s CEO Roberto Sallouti highlighted that all investments will follow rigorous technical and financial criteria to ensure both sustainability impact and economic value.

By combining resources, as well as expertise, IFC and BTG Pactual aim to strengthen the flow of capital towards projects that contribute to a low-carbon economy across Brazil and Latin America.

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Source: Reuters