Aerial view of Rio de Janeiro at night with city lights, Sugarloaf Mountain, and Guanabara Bay.
  1. Themes
  2. Private Finance

Private Finance

The majority of financing for the climate transition will come from the private sector, but in many cases, private actors will need guidance, de-risking, and appropriate incentives from the Brazilian public sector to deliver at the necessary speed and scale. In particular, catalytic financial and policy mechanisms can help reduce the cost of capital where it is currently too high to achieve climate results.

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Related Resources

Publications and educational material to deepen understanding of Private Finance and related topics.

Resolução CMN nº 4.943 de 15/9/2021

Monetary Policy, Financial Regulation, and Supervision

Resolution CMN nº 4.943 setting rules for sustainability-related risk management by financial institutions.

IPEA: Estruturação de Projetos de Parceria de Infraestrutura

Project Preparation and Business Development Facilities

Study on structuring public-private infrastructure partnership projects in Brazil.

New regulation on social, environmental, and climate-related risk disclosures

Shifting Insurance Models

New regulation on mandatory disclosure of social, environmental, and climate-related risks by financial institutions.

Taxonomia Sustentável Brasileira: Insumos para Classificação de Atividades de Uso da Terra

Taxonomies, Standardization, and Disclosure

Study providing inputs for Brazil’s sustainable taxonomy, focusing on land-use activities and classification criteria.

Managing Currency Exchange Rate Risk for Climate Solutions

Mitigating Currency Risk

Technical guidance on managing exchange rate risk to de-risk climate investments globally.

Sustainable Taxonomy of Brazil Action Plan

Taxonomies, Standardization, and Disclosure

Action Plan for the Sustainable Taxonomy of Brazil, detailing steps to classify and guide sustainable economic activities.

Green Infrastructure Investment Opportunities

Transition Finance

Report identifying investment opportunities in Brazilian green infrastructure sectors.

Principles of Sustainable Insurance

Shifting Insurance Models

Principles of Sustainable Insurance, a global framework for insurers to integrate ESG and climate risk into decision-making.

Santander, BNDES back Mombak Reforestation

Mobilizing Private Adaptation Investment

Article reporting on Santander and BNDES backing Mombak’s large-scale reforestation project, supported by Brazil’s Climate Fund.

Managing Currency Risk to Catalyze Climate Finance

Mitigating Currency Risk

Study proposing strategies to manage currency risk and unlock climate finance in Brazil.

An Innovative Partnership for Infrastructure in Brazil

Project Preparation and Business Development Facilities

Blog post on innovative partnerships for infrastructure in Brazil, highlighting public-private collaboration.

Brazil – First Insurance Market to Commit to Climate Risk Transparency

Shifting Insurance Models

Article highlighting Brazil as the first insurance market to commit to full climate risk transparency.

New regulation on social, environmental, and climate-related risk disclosures

Monetary Policy, Financial Regulation, and Supervision

New regulation requiring financial institutions to disclose environmental, social, and climate-related risks.

New regulation on social, environmental, and climate-related risk disclosures

Taxonomies, Standardization, and Disclosure

New regulation requiring financial institutions to disclose environmental, social, and climate-related risks.

Sustainability Banco Central do Brasil

Monetary Policy, Financial Regulation, and Supervision

Portal outlining the Bank’s sustainability policies, strategies, and supervisory role in greening Brazil’s financial system.

The Solar PV Revolution in Brazil

Transition Finance

Study on the expansion of solar PV in Brazil, assessing opportunities and financing models.

Desafios do Seguro Rural no Contexto das Mudanças Climáticas

Shifting Insurance Models

Study on the challenges of rural insurance in Brazil under climate change, with a focus on soybean production.

CBPS 02 – Pronunciamento Técnico

Mobilizing Private Adaptation Investment

Technical standard (CBPS 02) defining disclosure requirements for companies on climate-related adaptation and resilience measures.

The Climate Finance Ecosystem in Brazil

Mobilizing Private Adaptation Investment

Report mapping the Brazilian climate finance ecosystem, with emphasis on private sector adaptation investment.

BNDES Hub de Projetos

Project Preparation and Business Development Facilities

Hub de Projetos portal showcasing opportunities and partnerships for sustainable project development in sectors like forestry.