Banco Nacional de Desenvolvimento Econômico e Social (BNDES)

Type Direct (National)
Date of accreditation 07 Jul 2019

The Banco Nacional de Desenvolvimento Econômico e Social (BNDES, the Brazilian Development Bank), is a national entity headquartered in Brazil whose main mission is to foster sustainable and competitive development in the Brazilian economy, generating employment while reducing social and regional inequalities. BNDES finances projects based on criteria that prioritise development that fosters social inclusion, creating jobs and income. Its operations therefore cover various sectors, such as agriculture, the environment, industry, infrastructure, trade, tourism and urban development. BNDES is also committed to fostering projects that help to reduce greenhouse gas emissions and mitigate the impacts of climate change, and plays a key role in supporting programmes, projects and services related to Brazil’s economic and social development.

Accreditation timeline

Accreditation term 1

17 May 2024 - 16 May 2029

Accreditation date

08 Jul 2019

AMA execution date

12 Mar 2021

AMA effectiveness

17 May 2024

Term end date

16 May 2029

Entity details

Size
- Micro
- Small
- Medium
- Large
Environmental and social risk category
- Category C
- Category B
- Category A
- Intermediation 3
- Intermediation 2
- Intermediation 1
Fiduciary standards
- Basic
- Project management
- Grant award
- On-lending/blending:
- Loan
- Equity
- Guarantee
- Blending

Documents

Title	Type	Date
Accreditation Master Agreement between GCF and BNDES BNDES	Accreditation Master Agreement	12 Mar 2021

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Filter by year

2021

Contacts

Ms. Vivian Pereira

Primary

Head, Funding Department

viviansantos@bndes.gov.br

Ms. Claudia Amarante

Secondary

Manager for International Organizations

claudia.amarante@bndes.gov.br