BNDES and KfW sign sustainable transport MoU

BNDES and KfW have signed a memorandum of understanding (MoU) at COP 25 in Madrid to work on the implementation of sustainable urban transport systems. BNDES and KfW will work together in the preparation of the public call and selection of up to five projects that will have pre-feasibility studies funded by KfW. After completion of the studies BNDES will finance execution of the technical services necessary for the structuring of the projects.