Luciana Botafogo participated in the event “Building a Green and Inclusive Future – a dialogue between financial leaders on the 2030 agenda in Brazil” organized by the French Development Agency (AFD), the Brazilian Development Association (ABDE), and Finance in Common, the global network of all Public Development Banks.

This was one of the preparatory meetings to the Finance in Common Summit to be held on September 4-6 in Cartagena, Colombia, in which Development Banks will convene to strengthen their partnership and reinforce their commitments in support of common actions for climate change and the implementation of the 2030 Agenda for sustainable development.

Luciana Botafogo moderated the panel on “Sustainable Infrastructures”, which discussed the importance of the National Development System (SNF) in funding infrastructure projects that promote sustainability and improve the quality of services provided by the public power. The members of the panel were Aldemir Freire, Planning Director of Banco do Nordeste (BNB) and Edmilson Gama, Financial Executive Director of Banco de Desenvolvimento de Minas Gerais (BDMG).

As the President of FONPLATA referred to the importance of this type of meetings, she stressed that “global challenges demand concrete and sustainable actions, and it is very important to be aware of role of infrastructure for socioeconomic development and to improve the quality of life of our communities.”

Aldemir Freire highlighted the region's potential for the development of renewable energy and green hydrogen projects, and the importance of partnerships with multilateral organizations for the diversification of projects to be funded, based on their credit offer under attractive terms and costs.

Edmilson Gama pointed out the importance of “doing more and better”, since the current challenges are greater, which leads to greater responsibility of banks and funding agencies with the communities.

Among the conclusions of the round table, FONPLATA’s Executive President highlighted the need of organizing a support network among development banks to attract a greater volume of resources under favorable financial conditions and underlined the importance of strengthening financial institutions to improve the quality of the projects demanded by small and medium-sized municipalities, such as basic sanitation.

Botafogo added that “it is important to promote the development of infrastructure, but also to take care of the environmental and social impacts that may arise from these projects.”

Throughout the various panels, the event addressed topics such as bioeconomy, green reindustrialization, sustainable infrastructure and financial inclusion, and the fight against social inequalities.