The Fiji TimesBrazil says plans green bond sale this year fijitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fijitimes.com Daily Mail and Mail on Sunday newspapers.
LONDON (Reuters) - Brazil looks forward to returning to the bond market with a bond sale related to environmental concerns, its head of public debt op.
"Unfortunately, it took Brazil a little longer than it took our peers," Luis Felipe Vital, Head of Public Debt Operations at the Brazil National Treasury said. The comments come as Brazil's new President Lula da Silva took office at the start of the year pledging to stop deforestation in the Amazon, a vital biome to curb climate change.
Brazil plans to issue its first-ever green bond in 2023, the Treasury secretary said on Thursday, as the country s new leftist government tries to use its environmental agenda to attract investment. .