Sustainability

Brazil offers $1.1bn to help finance production of sustainable bunker fuels

South American nation hopes to build on its already strong positions in ethanol and biodiesel production

Celso Pansera, president of Brazil’s government funding agency Finep, said the initiative will stimulate the development of projects that boost the country’s leadership role in energy transition and decarbonisation.
Celso Pansera, president of Brazil’s government funding agency Finep, said the initiative will stimulate the development of projects that boost the country’s leadership role in energy transition and decarbonisation.Photo: Finep
TradeWinds correspondentSingapore
Published 26 August 2024, 01:43Updated 26 August 2024, 12:47
BrazilBiofuelsBunkers