Brazil, May 18 -- The World Bank's Board of Directors has approved a new project to catalyze investment in low-carbon industrial commodities, clean fuels, and enabling infrastructure in industrial and energy value chains in the Northeast region of Brazil, paving the way for increased competitiveness and employment.The US$500 million loan from the World Bank anchors a total financing package of US$968 million, with additional financing support including a US$30 million concessional loan from the Climate Investment Funds' Clean Technology Fund, a US$10 million grant from the Livable Planet Fund, and a US$5 million grant from the Energy Sector Management Assistance Program (ESMAP). The project will also leverage over US$423 million in commerci...