BRASILIA, Oct 8 (Reuters) - Brazil's government on Wednesday detailed a new Eco Invest auction to attract foreign equity into innovation and sustainability projects, offering a foreign exchange hedge mechanism for the first time. Launched last year, Eco Invest seeks to channel international capital into long-term sustainable ventures. The first auction was held in October 2024, followed by a second in August focused on restoring degraded pastureland. (Reporting by Marcela Ayres) (The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
