BNDES Climate Fund Program

Source: International Energy Agency
Last updated: 20 July 2021

The Climate Fund is one of the instruments of the National Policy on Climate Change, linked to the Ministry of the Environment, with the purpose of guaranteeing resources to support the implementation of projects, the acquisition of machinery and equipment and technological development related to reducing greenhouse gas emissions and adapting to climate change and its effects.

 

What can be funded?

 

Alongside other investments, the Climate Fund is eligible for investments in local generation and distribution of renewable energy, in technological development and in the production chain of the renewable energy sector, including biomass conversion for electric energy generation and the production and use of biogas for energy purposes.

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