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Finance Reference Center for Tomorrow is launched at an event on sustainability policies and practices in Brazil


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This post was translated by Regulatory.News for informational purposes only; the content below is not an official translation from the regulator. See the content in its original language here.

The Finance Reference Center for Tomorrow was launched today (21/6) , a partnership between the Securities and Exchange Commission (CVM), Invest.Rio and the Museum of Tomorrow. The news was announced during the event Policies and Practices of Sustainability for Corporate Governance in Brazil.

The CVM’s Superintendent of Investor Protection and Guidance (SOI), José Alexandre Vasco, highlighted that the initiative is part of the cooperation agreement with Invest.Rio to develop an education center in Rio de Janeiro and is part of the Autarchy’s activities. in launching centers of this nature aimed at young people and various other audiences. “We are currently present in seven states and our expectation is to reach all 27 units of the federation by the end of the year” , added Vasco.

Technology, inclusion and sustainability were also mentioned by Julio Azevedo, Vice President of Invest.Rio, as items that permeate the new Center. “When we think about the finances of the future, the educational issue is fundamental. Having a hub with this focus in Rio de Janeiro, understanding the new forms of consumption and the citizen’s understanding of the economy, will generate many fruits for the city. The Center will be a great educational platform to discuss ‘tomorrow’” , highlighted Julio Azevedo.

“For CVM, it was an honor to be presented to the Museum of Tomorrow to build this project of an education and innovation center focused on 21st century finance. Having great respect for its representation and the dedication of its professionals, who keep alive the flame of education and the practice of thinking and building tomorrow, we are sure that we are together with partners inspired by the same ideals that motivate us to build solutions to promote and finance the country’s sustainable development”.

José Alexandre Vasco, CVM’s Investor Protection and Guidance Superintendent.

The CEO of the Institute of Development and Management (IDG), Ricardo Piquet, highlights the relevance of sustainable finance and new technologies in the world, especially in view of the growth of currency digitization, which was leveraged during the covid-19 pandemic. The Finance Center of Tomorrow becomes essential as a reference to discuss, analyze, study and accompany this movement, expanding the educational reach on the subject. “The Center will be a transversal and hybrid platform to bring different knowledge, provocations, becoming a space for training teachers and young people, as well as small entrepreneurs, startups, in order to understand this new financial logic” , he explained.

The Undersecretary for Economic Development, Innovation and Simplification of the City of Rio de Janeiro, Marcel Balassiano, was also present during the launch. “The Finance Center of Tomorrow is the right arm of the project that seeks to encourage the carbon credit market in Rio de Janeiro, the Bolsa Verde do Rio. Our main objective is to strengthen the sustainable finance business environment in the city” , he commented.

Chicao Bulhões, lawyer;  Ricardo Piquet, CEO of IDG;  Julio Azevedo, vice president of Invest.Rio;  Maria Garibaldi, director of the Museum of Tomorrow;  José Alexandre Vasco, superintendent of the CVM;  and Marcel Balassiano, Undersecretary for Economic Development at the City of Rio de Janeiro |  Photo: Hugo Barreiro

From left to right: Chicão Bulhões, lawyer; Ricardo Piquet, CEO of IDG; Julio Azevedo, vice president of Invest.Rio; Maria Garibaldi, director of the Museum of Tomorrow; José Alexandre Vasco, superintendent of the CVM; and Marcel Balassiano, Undersecretary for Economic Development at the City of Rio de Janeiro | Photo: Hugo Barreiro

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Regulator Information

Abbreviation: CVM
Jurisdiction: Brazil

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