Given Brazil's current needs to meet the goals established in its ecological transformation plan and considering the guaranteed sovereign operations under development, seeking to support Brazil in promoting sustainable and low carbon development, private investments leverage, and low carbon infrastructure promotion, the proposed TCs objective falls withing its scope. The specific objectives are to (i) support DFIs and related government institutions of the SNF with technical assistance in analysis, studies and sectorial diagnostics focused on sustainable development and low carbon economy, institutional framework developments, financial inclusion analysis and action plans for the design of gender and diversity programs, as well as overall support for the implementation of key projects; (ii) promote capacity building activities as publications, workshops, trainings and events related to the agenda of sustainable finance and financial inclusion in DFIs of the SNF; and (iii) support the development of innovative financial business models, MSMEs lending platforms, risk mitigation mechanisms aiming at scaling up financial flows towards sustainable finance, capital markets, and specific high impact events, like disasters.
Project Detail
Country
Brazil
Project Number
BR-T1613
Approval Date
September 30, 2024
Project Status
Implementation
Project Type
Technical Cooperation
Sector
FINANCIAL MARKETS
Subsector
BANKING MARKET DEVELOPMENT
Lending Instrument
-
Lending Instrument Code
-
Modality
-
Facility Type
-
Environmental and Social Impact Category (ESIC)
-
Total Cost
USD 450,000.00
Country Counterpart Financing
-
Original Amount Approved
USD 450,000.00