FGV hosts debate on sustainable infrastructure investment
On August 31, starting at 9:30 a.m., FGV will host the event titled ‘InfraInvest – Sustainable Infrastructure for Brazil’, sponsored in partnership by the Inter-American Development Bank (IDB) and the National Bank for Social and Economic Development (BNDES). Supported by the Brazilian School of Public and Business Administration (EBAPE), the event will be held at FGV Cultural Center (Praia de Botafogo, 186. Botafogo, Rio de Janeiro), bringing together experts, public managers, decision-makers, and public and private investors to discuss how Brazil can reach its carbon emission targets, and increase investments in sustainable infrastructure as a way to reach such targets.
Throughout the day, participants will discuss the necessary arrangements; regulatory and legal frameworks and regulations that allow investments in sustainable infrastructure; best practices to implement sustainable projects aligned with international best practices; and financing mechanisms that will consider the necessary instruments to leverage private sector investments and also gauge the perception of investors regarding this subject, as well as the role of green bonds and securitization.
Brazil’s Nationally Determined Contribution (NDC) features bold targets to reduce emissions by 37% until 2025, compared to 2005 levels, besides restoring 15 million hectares of degraded pastures, and increase the share of renewable resources in the country’s energy matrix to 45%.
Achieving these targets requires significant changes in the way the country and the region design, build, and use their infrastructure, especially in key sectors such as power, transport, water, and sanitation. This requires massive studies and processes of engagement between the sectors to expedite sustainable development, particularly to fulfill global commitments and objectives for national development, not only regarding environmental sustainability, but also social and economic.
The event will feature environmentalist and renowned Amazon scholar Dr. Thomas Lovejoy, regarded as the ‘Godfather of Biodiversity,’ and professor Tomas C. Heller, founder of Climate Policy Initiative and directly engaged in issues regarding international climate control and global power use. FGV will be represented by the Director of the Center for Regulation and Infrastructure Studies (CERI), Joisa Dutra, EBAPE professor Joaquim Rubens, and the Local Development Coordinator of the Center for Sustainability Studies (GVces) of Sao Paulo School of Business Administration (EAESP), Daniela Gomes Pinto.
Go to the website to learn more and register.