BNDES-NDB Sustainable Infrastructure Project (NDB-bndesndbsustainablein)

Countries
  • Brazil
Where the impacts of the investment may be experienced.
Financial Institutions
  • New Development Bank (NDB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Aug 17, 2020
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of Brazil
The holder of the loan, grant, or other investment.
Sectors
  • Construction
  • Energy
  • Finance
  • Infrastructure
  • Transport
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 1.20 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 1.50 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ NDB website

Updated in EWS Sep 10, 2020


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Project Description

"The NDB loan will support BNDES in financing projects in the public and private sectors with the scope of works focused on developing sustainable infrastructure aiming at the achievement of selected SDGs. Preliminary indication of sectors and activities to be financed by the Project are:

(i) Water and Sanitation – projects focused on the treatment/expansion of sewage systems, urban drainage and flood management, solid waste management and water supply;

(ii) Renewable energy and energy efficiency – renewable energy generation projects, such as implementation of wind farms, photovoltaic plants, compressed hydrogen gas (CHG), natural gas thermal power plants, separate heat and power (SHP), biomass and waste-to-energy plants, public lightening and other technologies, energy transmission and distribution systems, which allow for increased access and/or greater energy efficiency and economic productivity;

(iii) Mobility and urban and rural development – road infrastructure, such as civil works and equipment to improve infrastructure of urban and rural streets, rural lighting, cellular infrastructure for rural areas, smart cities projects, roads and bridges, logistic and port infrastructure;

(iv) Water resource management – water resource management and water security projects, protection of rivers, slopes, springs, floodplains, and irrigation that contribute to the mitigation of effects of climate change; and

(v) BNDES Project Factory – by providing technical assistance to sub-borrowers for structuring of infrastructure projects and it may take the form of feasibility studies, financial modelling, basic and detailed designs and municipal infrastructure asset management plans, contemplating the technical, economic, financial, legal and socio-environmental feasibility of public and private investments, PPPs and concessions."

Investment Description
  • New Development Bank (NDB)
Financial Intermediary
Contact Information

ACCESS TO INFORMATION

You can submit an information request for project information through a form at the bottom of the following webpage https://www.ndb.int/about-us/contact-us Alternatively, you can send an e-mail to info@ndb.int

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