Investment of $1 Billion by IFC and BTG Pactual towards Sustainable Growth and Development in Latin America
The International Finance Corporation (IFC) and Brazil-based investment bank BTG Pactual have joined forces in a strategic partnership aimed at addressing critical global challenges and fostering impactful investments. The collaboration, led by BTG Pactual CEO Roberto Sallouti, is expected to reach up to $1 billion in joint investments and the mobilization of private capital by 2028.
Under the partnership, BTG Pactual will identify opportunities for co-financing, equity participation, and fund investments. The investments made available by IFC will be used to promote changes for a more sustainable economy. The projects under the partnership are intended to provide viability and scale to projects with transformative potential.
The partnership is a testament to the IFC's commitment to fostering sustainable private sector development and job creation in Latin America. The investments made under the partnership will be made through co-financing of social and environmental development and conservation initiatives.
In addition to financial support, IFC will offer technical solutions to help navigate complex projects. Both organizations will share knowledge and best practices, including those related to IFC's Environmental and Social Performance Standards. The collaboration is expected to accelerate the execution of impact initiatives and advance the climate agenda, driving transformative initiatives in Brazil and Latin America.
The goal of the partnership is to improve lives and promote economic growth. It aims to address critical global challenges and foster impactful investments, with a focus on investments through co-investment in portfolio companies, infrastructure, private equity funds, and projects from companies with nature-based solutions or those involved in the Amazon bioeconomy.
The partnership continues to aim at improving lives and promoting economic growth, while also addressing critical global challenges and fostering impactful investments. It is expected to be a significant step towards a more sustainable economy and a better future for all in Latin America.
