Researchers have drawn attention to the global phenomenon of coral bleaching, partly caused by rising temperatures in the ocean, which is damaging the health of the ecosystem.
This marks the largest allocation of resources in the fund's history, which was created in 2009 and has maintained a portfolio of contracts totaling BRL 2.5 billion.
The United Kingdom emerged as the top donor, contributing BRL 497 mi. Germany followed in second place with BRL 186 mi, trailed by Switzerland with BRL 28 mi.
The United Kingdom emerged as the top donor, contributing BRL 497 mi. Germany followed in second place with BRL 186 mi, trailed by Switzerland with BRL 28 mi.
Brazil’s National Bank for Economic and Social Development will chair the D20 Long-Term Investors Club for the next two years. It is the first time BNDES holds this position.