New EUR 80 Million Fund Announced By Bloomberg Philanthropies, Brazil’s Ministry Of Cities, BTG Pactual, The Mitigation Action Facility, And WRI Brasil To More Than Double Brazil’s Electric Bus Fleet

Bloomberg Philanthropies | 6 November 2025 | A new EUR 80 million credit enhancement fund announced at COP30 aims to unlock EUR 450 million to deploy over 1,700 electric buses across Brazil by 2030, improving air quality and advancing sustainable urban mobility.