Brazil: A recyclable investment programme

Waste collection cooperatives in Brazil will be able to apply to the Investimento Reciclável (Recyclable Investment) programme for financial and technical support. The programme, a joint effort by Banco Real, Fundación Avina (Avina Foundation) and the Suzano Papel e Celulose (Suzano Paper and Cellulose) plant, is coordinated by the Instituto Ecofuturo (Ecofuturo Institute) and serves as a financing fund that is more attractive than what is offered by the conventional finance system. With an initial investment of R$ 360,000 (approximately US$220,000), the fund will offer loans for the acquisition of equipment and working capital. Funds are given in soft loans that must be returned within two years.

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