Brazil development bank ditches support for coal-fired power plants

Madeleine Cuff
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Brazil development bank ditches support for coal-fired power plants

BNDES will no longer fund coal-fired or oil-fired power plants and will increase support for solar development under new guidelines

BNDES, the largest Latin American development bank, will no longer fund new coal-fired or oil-fired power plants in a bid to encourage investment in cleaner forms of energy generation. The Brazilian...

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