Global Trade Alert
Global Trade Alert

Brazil: BNDES and RGE Sul Distribuidora de Energia SA sign loan to support climate change adaptation and mitigation efforts

Announcement

07 Aug 2024

In August 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a loan with RGE Sul Distribuidora de Energia SA.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

07 Aug 2024

Revocation date:

No revocation date

Updated: 07 Aug 2024
Local content incentive In force
The BNDES Emergency for Rio Grande do Sul credit line is subject to local content incentives. As such, so is the BRL 1.4 billion (USD 248.9 million) loan to RGE Sul Distribuidora de Energia SA, grante...
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Updated: 07 Aug 2024
State loan In force
On 7 August 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) and RGE Sul Distribuidora de Energia SA signed a BRL 1.4 billion (USD 248.9 million) loan. The l...
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