Photo: CFP

By Brasil 247 - Brazil and China are strengthening their strategic partnership with the creation of a new bilateral investment fund focused on sustainable development and the expansion of green energy. The initiative brings together the Brazilian Development Bank (BNDES) and the Export-Import Bank of China (CEXIM) in an unprecedented financial cooperation effort.

The fund will have a target size of up to $1 billion, with CEXIM contributing $600 million and BNDES adding approximately $400 million, according to information released on Wednesday. Operations are expected to begin in 2026. This is the first bilateral fund established jointly by a Brazilian and a Chinese financial institution, and it will be operated primarily in Brazilian reais. The mechanism aims to promote sustainable development between the two countries, prioritizing ecological transition, clean energy and green growth. Sectors to be supported include infrastructure, bioeconomy, trade, mining, agriculture, digital economy and artificial intelligence.

According to Nelson Barbosa, director of Planning and Institutional Relations at BNDES, the structure of the fund marks a milestone in bilateral cooperation. The partnership is expected to open new investment opportunities and reinforce Brazil-China economic integration.

CEXIM, a state-owned policy bank in China, specializes in supporting China's foreign trade, investment and international economic cooperation. Its involvement in the fund underscores Beijing's interest in expanding cooperation with Brazil in key areas of the global economic transition, particularly clean energy and innovation.

The initiative is expected to elevate bilateral economic cooperation and strengthen long-term investment flows between the two countries as they advance shared sustainability goals.

(Reported by Brasil 247 on November 13, 2025)