São Paulo state government and GIZ sign cooperation agreement to attract investments in SAF and green hydrogen projects

The São Paulo state government's investment promotion agency, InvestSP, and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) signed a letter of intent to collaborate on attracting investments and developing sustainable aviation fuel (SAF) and green hydrogen projects in São Paulo state. The agreement establishes a framework for joint efforts to mobilize capital and technical expertise for these decarbonization initiatives, targeting Brazil's largest economy. GIZ, Germany's international cooperation agency, will provide technical assistance and international networking support to facilitate project development. InvestSP, linked to the state's Secretaria de Desenvolvimento Econômico, will lead local investment promotion activities and coordinate with domestic and international stakeholders. The partnership aims to position São Paulo as a hub for sustainable aviation fuel and green hydrogen production in Latin America.

Counterparts (3)

Partner

InvestSP

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São Paulo-based government agency promoting investments, exports, and innovation in Brazil's largest state economy, with a focus on infrastructure development and business facilitation.

Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ)

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Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH is a German development agency that provides services in the field of international development cooperation. They work on behalf of the German government and other public and private sector clients to achieve development policy objectives.

Secretaria de Desenvolvimento Econômico do Governo de São Paulo

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São Paulo state government agency responsible for economic development policies, job creation programs, and industrial promotion initiatives.