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 Minas Gerais (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-L1638

Approval Date

-

Project Status

Preparation

Project Type

Loan Operation

Sector

FINANCIAL MARKETS

Subsector

BANKING MARKET DEVELOPMENT

Lending Instrument

Investment Loan

Lending Instrument Code

INV

Modality

LBR (Loan Based on Results)

Facility Type

-

Environmental and Social Impact Category (ESIC)

Category C: Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

-

Country Counterpart Financing

-

Original Amount Approved

USD 100,000,000.00

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 Preparation Phase
https://www.iadb.org/document.cfm?id=EZIDB0002012-130777763-15
Project Profile
PP - Publication IDB CLIMA Minas for Results Prog Decarbonization and Climate Resilience Increase of MG Dev Bank credit portfolio - BR-L1638.pdf
Aug. 28, 2024
English

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