IDB CLIMA - Minas for Results Program: Decarbonization and Climate Resilience Increase of the Minas Gerais Development Bank's Credit Portfolio
The general development objective of the program is to contribute to climate change mitigation and adaptation in MG, by facilitating BDMG's access to green debt markets. The specific development objectives are: (i) to increase BDMG's financing for climate mitigation and resilience; and (ii) to strengthen BDMG's institutional capacities to manage its climate projects portfolio and to report its financed emissions.

Project Detail

Country

Brazil

Project Number

BR-J0001

Approval Date

-

Project Status

Preparation

Project Type

Grant Financing Product

Sector

FINANCIAL MARKETS

Subsector

FINANCING FOR ENVIRONMENTAL SUSTAINABILITY

Lending Instrument

Préstamo de Inversión

Lending Instrument Code

INV

Modality

LBR (Loan Based on Results)

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

-

Country Counterpart Financing

-

Original Amount Approved

USD 5,000,000.00