Sao Paulo Inclusive Jobs DPL (WB-P511671)

Countries
  • Brazil
Geographic location where the impacts of the investment may be experienced.
Specific Location
Sao Paulo
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Jul 16, 2026
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
State of Sao Paulo
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Finance
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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 970.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Loan Amount (USD)
$ 970.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 970.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Aug 21, 2026

Disclosed by Bank Oct 14, 2025


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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the WB, the objective of the proposed operation is to support the State of São Paulo in enhancing the business environment and inclusive access to jobs.

The development objective of the Sao Paulo Inclusive Jobs DPL for Brazil is to enhance the business environment and expand inclusive access to jobs in the State of Sao Paulo through policy and institutional reforms. The operation supports a unified, risk-based digital platform for firm registration and licensing to simplify and accelerate business entry statewide, and a standardized, centralized system for processing tax and non-tax collections to reduce compliance costs and improve revenue administration. It strengthens regulatory governance by increasing autonomy, fiscal independence, and oversight of key state regulatory agencies, and it reinforces the institutional framework for public-private partnerships and concessions by reforming the organizational structure and processes of the State Secretariat for Partnerships and Investments to mobilize private capital in infrastructure. The program improves transparency in the business environment by mandating public disclosure of tax benefits granted to legal entities, and it promotes sustainable finance by establishing the Green Investment Seal as an official, taxonomy-aligned certification framework for environmentally sound financial operations. To increase inclusive access to employment, it creates the Trampolim digital platform that integrates vacancies, training, guidance, and matching services from public and private providers, and it introduces the SuperAcao program to link social assistance with skills development and labor market access through intensive, family-centered case management, with a Protect module that prioritizes women's access to temporary income support conditional on barrier-reducing actions. By the closing period, the reforms are expected to increase the share of municipalities with average business registration time below the national average from 20 to 40 percent, raise the share of state non-tax revenue collected through the centralized platform from 12.9 to 50 percent, and achieve implementation of 73 percent of actions in regulatory agendas. They are also expected to enable R$80 billion in private investment through PPPs and concessions, publicly disclose 90 percent of tax benefit records, and evaluate at least three financial operations under the Green Investment Seal. On inclusive jobs, the Trampolim platform is expected to deliver 80,000 services and bring 25,000 users to new digitally enabled services, including 13,000 women and 3,250 youth. The SuperAcao program is expected to support 42,000 economic inclusion beneficiaries, including 25,200 women and 6,720 youth, with at least 60 percent of female beneficiaries receiving the Protect-module cash transfer. Together, these results will improve regulatory coherence, reduce the cost of doing business, mobilize private investment, and expand access to more and better jobs for vulnerable groups.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

World Bank
Rong Qian
Lead Economist

Fabiano Silvio Colbano
Senior Economist

Mariana Iootty
Senior Economist

Borrower/Client/Recipient
State Government of São Paulo

Implementing Agencies
State Secretary of Finance and Planning

ACCESS TO INFORMATION

To submit an information request for project information, you will have to create an account to access the Access to Information request form. You can learn more about this process at: https://www.worldbank.org/en/access-to-information/request-submission

ACCOUNTABILITY MECHANISM OF THE WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. Information on how to file a complaint and a complaint request form are available at: https://www.inspectionpanel.org/how-to-file-complaint

How it works

How it works