Guarantees
Concessional Finance
No Progress
Concessional Finance
Establishing the foundations of climate-smart growth in some areas and sectors may not consistently generate the returns required by private investors. Concessional finance, including guarantees and other de-risking mechanisms, as well as emissions pricing and taxation, can help bridge this gap.
View TopicsRelated Resources
Publications and educational material to deepen understanding of Concessional Finance and related topics.
Brazil Adopts a Cap and Trade System
Levies on High-emitting Activities
Announcement of Brazil’s adoption of a national cap-and-trade system to regulate carbon emissions.
Fundo Clima
Subsidy Reform
Information on Fundo Clima, a federal fund managed by BNDES to finance projects that mitigate and adapt to climate change.
IISD: Beyond Fossil Fuels – Fiscal Transition in BRICS
Subsidy Reform
Report analyzing fossil fuel subsidy reform and fiscal transition pathways in BRICS countries, with a case study on Brazil.
O que é o Programa Mover
Levies on High-emitting Activities
Overview of Programa Mover, a federal initiative to promote industrial innovation, decarbonization, and sustainability through fiscal incentives.
BNDES – Official press release with AIIB
Enhancing Cooperation Across Development Banks
Press release announcing cooperation with KfW IPEX-Bank to mobilize up to EUR 1 billion in sustainable financing projects in Brazil.
Fundo de Desenvolvimento da Infraestrutura Regional Sustentável (FDIRS)
Guarantees
Information on the Fundo de Desenvolvimento da Infraestrutura Regional Sustentável (FDIRS), a federal mechanism to finance sustainable regional infrastructure.
ICMS Ambiental
Levies on High-emitting Activities
Explanation of the ICMS Ambiental, a mechanism that allocates part of state tax revenue to municipalities based on environmental criteria.
World Bank – Climate Finance Project with Banco do Brasil
Enhancing Cooperation Across Development Banks
Press release on partnership with Banco do Brasil to develop a climate finance solution for agriculture and sustainable sectors.
Floresta Viva
Subsidy Reform
Floresta Viva program that mobilizes resources and partnerships for large-scale forest restoration in Brazil.
IDB – Financing for Banco do Brasil in the Amazon
Enhancing Cooperation Across Development Banks
Press release announcing financing to Banco do Brasil for investments in the Amazon region’s bioeconomy and sustainable infrastructure.
BNDES Fundo Garantidor
Guarantees
Details of the BNDES Guarantee Fund, designed to reduce credit risk and expand financing for sustainable investment.
NDB – BNDES Clima Project
Enhancing Cooperation Across Development Banks
Project page describing the BNDES Clima initiative to support mitigation and adaptation projects in Brazil through sustainable financing.