Brazil sees strong market appetite for green blended finance auction

BRASILIA, July 1 (Reuters) - Brazil's Finance Minister said on Tuesday the government sees "strong" investor interest in a green blended finance auction focused on restoring degraded pastures, with results expected by the end of July.

Announced in April, the auction aims to attract private capital that, combined with public capital, will fund projects converting degraded land into sustainable production systems across various Brazilian biomes.

Treasury Secretary Rogerio Ceron previously said the initiative is expected to mobilize $2 billion.