The National Bank for Economic and Social Development (BNDES) launched, on Monday (1st), a public notice to select structured investment funds for projects of decarbonization of industrial processes, energy transition, infrastructure for climate adaptation, green agriculture technology, ecological restoration, reforestation and conservation of forests with budget of up to $ 5 billion.
BNDES foresees about R $ 13 billion of private capital for the initiative, reaching a total volume of R $ 18 billion in investments.
In equity funds, BNDESPAR’s participation in committed capital will be up to 25%, with the subscription of quotas in the amount of up to R $ 1 billion per fund in the mode of ecological transformation and up to R $ 500 million in the form of solutions based on nature.
Credit funds will be part of BNDESPAR of up to 50% of capital, with a contribution limit of up to R $ 500 million per fund, regardless of the sport.
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The climate call foresees investments in two types of funds, already existing or created for this purpose: equity funds and credit funds.
Proposals may be registered by October 20 and may include foreign investors. The result will be released in January 2026.
Serão selecionados até cinco fundos de equity, totalizando até R$ 4 bilhões em aporte do BNDES, sendo até três na Modalidade de Apoio de Transformação Ecológica (transição energética, ecológica, tecnologia para agricultura verde e descarbonização) e até dois na Modalidade de Apoio de Soluções Baseadas na Natureza (reflorestamento, agroflorestas, manejo florestal sustentável, silvicultura regenerativa, preservação e recuperação de ecossistemas e biodiversity).
In credit funds, up to two funds will be selected in both modalities, adding the bank’s up to R $ 1 billion.
“This is the largest public call focused on BNDES history. Focusing on climate mitigation, it reinforces the historical commitment of the bank and the government of President Lula to environmental sustainability,” said BNDES President Aloizio Mercadante.
He also recalled that with this initiative, the bank positions itself as an investor-anchor, “inducing the participation of private investors in strategic sectors for sustainable development, climate schedule and improving the quality of life of Brazilians, as well as contributing to the development of the capital market in the country.”
