The board of directors of the Brazilian Development Bank (BNDES) has approved two more projects that will be supported by the Amazon Fund, in the total amount of R$ 27.3 million.

The director of the Environmental Division of the Brazilian Development Bank (BNDES), Guilherme Lacerda, and the Minister of the Environment, Izabella Teixeira, signed a contract in the amount of R$ 65 million for the Brazilian Forest Service on January 24.

The Brazilian Development Bank (BNDES) has approved financing in the amount of R$ 154 million for Peugeot Citroën Brazil to develop a new car model, Peugeot 208, which was industrially launched on January 30 in an event at the company plant, in the city of Porto Real (RJ)

The BNDES’ disbursements reached R$67.9 billion between January and July this year. Approvals amounted to R$ 86.8 billion, while consultations for new financing reached R$ 138.7 billion in the first seven months of 2012.