BNDES provides R$ 200 million in debt finance to the BTG Pactual reforestation strategy for conservation and ecological restoration of more than 49,458 hectares in the Cerrado biome

São Paulo – 12 November 2025 – The Banco Nacional de Desenvolvimento Econômico e Social (BNDES) has approved financing of ~US$ 37.9 million (R$ 200 million) for Camapuã Agropecuária Ltda., a company controlled by BTG Pactual Timberland Investment Group’s (BTG Pactual TIG) Latin American Reforestation Strategy, to support large-scale ecological restoration and conservation in the Cerrado biome, in the state of Mato Grosso do Sul.

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