Financial Services | Managing Large Carbon Sinks | Partnership and Collaboration
Banco do Brasil CEO Tarciana Medeiros emphasizes the bank's role in combating deforestation in the Amazon by promoting sustainable economic opportunities. She highlights Brazil's significant share of the Amazon rainforest and the need for financial institutions to support a low-carbon economy. Medeiros outlines strategies to restore degraded pastures and expand cultivated areas without harming the rainforest. The bank aims to secure substantial funding to support climate finance, renewable energy, and environmental restoration initiatives.
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