BNDES Picks Seven Climate Funds for Up to R$4.3 Billion in BNDESPar Commitments

Overview

• The selection comprises five equity vehicles and two credit funds organized under the Transformação Ecológica and Nature-Based Solutions verticals.
• BNDESPar commitments may reach R$4.3 billion, which the bank projects could attract roughly R$16.2 billion from private investors.
• Planned outcomes include restoring more than 90,000 hectares across the Amazon, Cerrado and Atlantic Forest with agroforestry and sustainable silviculture approaches.
• Priority themes include industrial decarbonization, circular economy, biofuels, green hydrogen and technologies that reduce emissions.
• All capital must be invested in Brazil, and the funds have moved into due diligence to set final conditions before disbursements occur.