The potential of sustainable finance in brazilian public finances

Abstract

The main objective of this research is to evaluate the fiscal benefits that Brazil could have with the use of sustainable financing to finance itself as a nation and lead the private sector into this new phase of modern finance. The international effort to decarbonize and make the economy more inclusive will require trillions in total over the years to ensure that the global economy becomes sustainable. And, in this context, a new window of opportunity opens up for Brazil, since the country has many fields that could potentially be eligible to be recipients of these resources. Good news given the current scenario of fiscal restriction existing in the national budget, and secondly, the use of sustainable parameters to evaluate investments will no longer be a niche in the sector, to be the norm over the years, therefore requiring such a parameter on all new investments.