The King spoke with Banco do Brasil President Fausto Ribeiro at a meeting at Buckingham Palace
A big supporter of the environmental cause, King Charles III stated that Brazil is “essential to preserving the planet,” during a conversation with Banco do Brasil president, Fausto Ribeiro, for which stadium He has access. The king had not yet entered into the merits of a change of leadership in the country, with the election of President Luis Inacio Lula da Silva (PT) against incumbent President Jair Bolsonaro (PL).
The meeting between King Charles III and the BB chief took place at an event at Buckingham Palace, London, UK, with the aim of discussing action to combat climate change. It’s kind of a preview of COP27, the biggest theme platform that will launch next week, in Egypt. Since he will not be able to attend due to the commitments made by the Crown, the King of the United Kingdom has promoted this meeting with more than 200 participants, including politicians, activists and CEOs of companies from all over the world, including Brazil.
The introductory meeting also aims to promote the Terra Carta Manifesto, a commitment made by King Charles III himself during the World Economic Forum, held in Davos, in 2020, which aims to accelerate global efforts in the transition to a more sustainable future.
In addition to the CEOs, new British Prime Minister Rishi Sunak, US Special Envoy for Climate Affairs John Kerry, COP President Alok Sharma, and fashion designer and activist Stella McCartney, daughter of Paul McCartney.
Like Brazil, in addition to BB President, Klabin CEO, Cristiano Teixeira, and Natura representative. “King Charles III was very friendly and said that Brazil is key to preserving the planet,” Ribeiro said. stadium.
The CEO spoke about the work of Banco do Brasil for King Charles III, explaining that the institution operates in accordance with international best practices. He also spoke about the federal government’s ABC program, which stimulates actions to reduce greenhouse gas emissions, the main causes of climate change, in Brazilian agriculture, which would have interest His Majesty.
During his tenure, the current BB Chair has encouraged ESG (Environmental, Social and Governance Practices) actions. The bank has been seeking financing lines abroad for the agribusiness sector, as it is a pioneer in Brazil, for companies aligned with these principles. One is a donation of €80 million (about R$400 million) with German development bank KfW to be earmarked for forest restoration projects in Brazil, as well as a partnership, both of which will be announced at COP27. , as expected. by stadium.
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