BNDES and IDB signed agreement to invest in forest restoration in the Amazon

01/24/2025 Since 10 months

The National Bank for Economic and Social Development (BNDES) and the Inter-American Development Bank (IDB) signed an agreement with the aim of structuring partnership projects between states and private initiatives that strengthen the Amazon bioeconomy, prioritizing the sustainable management and restoration of state public forests.

Within the agreement, the IDB will contribute with a 1-million dollars disbursement to the initiative. In addition to financial support, the technical teams of both development banks will collaborate with knowledge transfer.

https://agenciadenoticias.bndes.gov.br/detalhe/noticia/BNDES-e-BID-firmam-convenio-para-investir-em-restauracao-de-florestas-estaduais-na-Amazonia/

LATEST NEWS

Amazonia Forever Facility for Cities and Resilient Infrastructure

BID launched at COP30 the Amazonia Forever Facility for Cities and Resilient Infrastructure — a new regional platform enabling over $1 billion in resilient infrastructure financing across Amazonia. Nearly 70% of the r...

Since 2 days Read More

Chile presents an update to the Sustainability-Linked Bond Framework

During the 5th Meeting of Protected Areas and Portal Communities, the Chilean Ministry of Finance presented the updated Sustainability-Linked Bond Framework, published in late July. The updated SLB Framework incorp...

Since 1 week Read More

Brazilian Ministry of Finance, BNDES, and the Green Climate Fund announce a plan for a climate fund

The Brazilian Ministry of Finance, in collaboration with the National Bank for Economic and Social Development (BNDES) and the Green Climate Fund (GCF), has announced a new Catalytic Investment Fund in blended climate...

Since 2 weeks Read More