Global Trade Alert
Global Trade Alert

Brazil: BNDES and NDB sign agreement to promote renewable energies

Announcement

26 Apr 2017

The National Bank for Economic and Social Development (i.e. BNDES by the acronym in Portuguese) and the New Development Bank (NDB) have committed USD 600 million to support investments in wind, solar, hydroelectric and biomass in Brazil.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

26 Apr 2017

Revocation date:

No revocation date

Updated: 26 Apr 2017
State loan In force

The BNDES has also committed at least USD 300 million to support investments in wind, solar, hydroelectric and biomass.

With this project, Brazil expects to reduce its dependency on hy...

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Updated: 26 Apr 2017
State loan In force

On 26 April 2017, the New Development Bank has committed USD 300 million for a credit line managed by the BNDES to support investments in wind, solar, hydroelectric and biomass.

The resourc...

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