The Brazilian Pension Funds Authority (PREVIC) published a note on the opening of the PRI in Person conference in São Paulo, where Minister of Social Security Wolney Queiroz positioned Brazil’s pension agenda around inclusive provision aligned with sustainable finance and a just transition. He pointed to updated investment guidelines for Brazil’s closed pension entities that expand the scope for investments in instruments such as green debentures, carbon credits and sustainable Fiagros, while maintaining benefit security. The remarks also highlighted the scale of Brazil’s social protection system, including 41.4 million benefits paid in August and BRL 83.7 billion injected into the economy monthly, as well as the public-sector pension regimes covering around 4.5 million people with BRL 350 billion in accumulated assets and private complementary pension coverage of nearly 1 million beneficiaries. Queiroz referenced emergency measures such as payment advances and extra instalments during recent climate-related disasters, including BRL 1.21 billion in emergency transfers in 2023, and cited inclusion and financial education initiatives that reached more than 740,000 people in 2024; women represent 58% of beneficiaries. PRI in Person runs from 4 to 6 November and includes a panel on the Brazil Sustainable Finance Roadmap Report with participants from the Ministry of Finance, the Central Bank of Brazil, the Brazilian Securities Commission and BNDES.

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