The general objective of the program is to expand nature-based productive activity in the Amazon, to support growth decoupled from environmental degradation. The specific objectives are: (i) encourage inclusive supply of credit to local bio-businesses; and (ii) strengthen capacities of local bio-businesses to prepare and fund projects within the bioeconomy.

Project Detail

Country

Brazil

Project Number

BR-L1603

Approval Date

-

Project Status

Preparation

Project Type

Loan Operation

Sector

FINANCIAL MARKETS

Subsector

BANKING MARKET DEVELOPMENT

Lending Instrument

Préstamo de Inversión

Lending Instrument Code

INV

Modality

GCR (Global Credit Operation)

Facility Type

-

Environmental Classification

-

Total Cost

USD 150,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 150,000,000.00
Financial Information