DFC's Board of Directors approved a $300 million investment that will advance inclusive economic development in Brazil. DFC approved 19 other investments totaling nearly $350 million since its last quarterly Board meeting, advancing a total of $650 million in investments to support development impact, respond to the impacts of COVID-19, increase renewable energy, and strengthen gender equity around the world.
Secretary of State Antony J. Blinken serves as Chairman of the Board and presided over the meeting, emphasizing that investing in development helps the United States lead by the power of our example globally.