NDB and Banco do Brasil are co-designing a Sustainable Finance Framework (Framework) to provide financing for climate mitigation and adaptation sub-projects (Sub-projects), strengthening Brazil's climate resilience and fostering the sustainable development of its logistics infrastructure within the agribusiness value chain.
The Project can contribute to achieving the goals set in Brazil's Nationally Determined Contributions (NDCs) by supporting resource-efficient technologies in infrastructure projects, strengthening Brazil's climate resilience efforts and fostering the sustainable development of its logistics infrastructure within the agribusiness value chain.The Project is expected to be aligned with the following United Nations Sustainable Development Goals (SDGs): (i) SDG 2 on Food Security and Sustainable Agriculture, (ii) SDG 6: Clean Water and Sanitation; (iii) SDG 7: Affordable and Clean Energy; and (iv) SDG 13: Climate Action. Primary SDG alignment will be defined during the Project appraisal, once the Framework has been finalized.
The Sub-projects financed under this Project will be distributed among the following components: (i) Storage facilities: expansion, modernization, revamping, and construction of new storage facilities (grain silos, cold-storage facilities) for agricultural products; (ii) Irrigation systems: development, expansion, and modernization of irrigation structures to sustain Brazil's climate resilience, including a shift towards higher yield-crops; and (iii) Renewable energy.Joint NDB and Banco do Brasil Sustainable Finance Framework:The selected Sub-projects will adhere to the eligibility criteria co-designed by NDB and Banco do Brasil during the Project appraisal stage.
ACCESS TO INFORMATION
You can submit an information request for project information though a form at the bottom of the following webpoage https://www.ndb.int/about-us/contact-us/. Alternatively, you can send an e-mail to email@example.com .
ACCOUNTABILITY MECHANISM OF NEW DEVELOPMENT BANK
The New Development Bank (NDB) does not currently have an independent accountability mechanism to accept complaints related to NDB-financed projects. The Bank does have a whistleblower mechanism that receives complaints about misconduct related to corruption, fraudulent practices and instances of money laundering in projects financed by the NDB and/or against the NDB staff members. To learn more about the whistleblower mechanism and how to file a complaint, access this webpage at: https://www.ndb.int/about-us/whistleblowing/.