At COP30, Brazil Mobilizes R$21 Billion for Green Transition, Unveils Carbon Tender and Homegrown Certifier

Overview

• BNDES closed R$21 billion in new financing with the BID, JBIC, KfW, AFD and Italy’s CDP to back renewables, mobility, biofuels and support for smaller firms.
• The Fundo Clima rises to roughly R$10 billion with 1 billion euros from European development banks plus US$500 million from the BID, with first disbursements expected in 2026.
• Petrobras and BNDES issued the first ProFloresta+ tender to buy 5 million high‑integrity carbon credits, targeting Amazon restoration through long‑term offtake contracts.
• Bradesco, BNDES, Ecogreen and Aecom launched Ecora to certify Brazilian carbon credits with local methodologies, with BNDES as a minority shareholder and operations slated for mid‑2026.
• A new federal portaria broadens access to the Plano Brasil Soberano by lowering eligibility to firms with at least 1% of revenue tied to U.S. exports and extends support to suppliers, while BNDES advances a R$100 million program to structure a permanent disaster response policy.