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BR-L1413 : Banco ABC Brasil Green Financing Partnership

Project Status: Closed

The proposed project consists of a partnership with Banco ABC to implement a Green Line with the following objectives: (i) promote environmentally friendly investments in Brazil, making available much needed private-sector funding in the sugar & ethanol and biomass sectors, and (ii) complement the country's objective to reshape its energy matrix, by contributing to achieve the reduction of greenhouse gas emissions.

Project Detail

Project Number
BR-L1413
Project Country
Brazil
Project Sector
FINANCIAL MARKETS
Project Subsector
FINANCING FOR ENVIRONMENTAL SUSTAINABILITY
Project Type
Loan Operation
Project Lending Type
NSG
Project Modality
PSL (Private Sector Loan)
Project Facility Type
Project Status
Closed
Operation Number
3282B/OC-BR

Financial Information

Project Number
BR-L1413
Project Status
Closed

IDB Financing

Financing type
PAR
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Jun/30/2023

Roles & Responsibilities

Contract signature date
Jan/15/2015
Operation Number
3282/CH-BR

Financial Information

Project Number
BR-L1413
Project Status
Closed

IDB Financing

Financing type
PSL
Fund
China Co-Financing Fund for Latin Americ
Reporting currency
USD - United States Dollar
Reporting date
Jul/18/2023

Roles & Responsibilities

Contract signature date
Jan/15/2015
Operation Number
3282A/OC-BR

Financial Information

Project Number
BR-L1413
Project Status
Closed

IDB Financing

Financing type
PSL
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Jul/18/2023

Roles & Responsibilities

Contract signature date
Jan/15/2015

Project Information

Total Cost
USD 150,000,000
Country counterpart financing
USD 0
Amount
USD 100,000,000

Preparation

Title
Type
Project Number
Date Published
Project Abstract
BR-L1413
May 30, 2014
Environmental & Social Strategies
BR-L1413
May 30, 2014