Central Bank President: Environmental Risk Leads Brazil to Receive Less Foreign Resources

In June, a group of 29 large global investors signed an open letter to Brazil, voicing concern over the country's environmental policy and human rights.

RIO DE JANEIRO, BRAZIL - The return of foreign resources to Brazil, after the massive outflow of investments between March and April, was proportionally lower than that of foreign peers due to Brazilian environmental policy, points out Roberto Campos Neto, president of the Brazilian Central Bank.

"What started to become more apparent is this perception in relation to everything that is a sustainability agenda, now so widespread in other countries. This perception, at times by the narrative or at times by what has been occurring [in Brazil], was preventing the flows to Brazil from returning at the same rate as they . . .

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