Climate Investment Funds Approves $70 Million to Enable $9 Billion Energy Transformation in Brazil | Climate Investment Funds
BRASILIA, June 30, 2023 – Today, the governing board of the Climate Investment Funds (CIF) endorsed a $70 million plan to support grid flexibility for clean energy integration in Brazil.The concessional finance from CIF’s Renewable Energy Integration (CIF REI) investment platform will accelerate an ambitious green energy transformation in Brazil. As part of the plan, the country is set to double renewable energy capacity, reduce emissions by at least 57 million tons of CO2 equivalent, acc...| www.cif.org
