1. Home
  2. / Economy
  3. / BNDES, Brazil’s Development Bank, Purchased About R$ 8.7 Million in Carbon Credits
Reading time 3 min of reading

BNDES, Brazil’s Development Bank, Purchased About R$ 8.7 Million in Carbon Credits

Written by Roberta Souza
Published on 30/05/2022 at 18:31
bndes, carbono, créditos de carbono
Imagem de Fernando Frazão / Fonte: Agência Brasil
Seja o primeiro a reagir!
Reagir ao artigo

On Thursday, May 26, the BNDES announced the million-dollar acquisition of carbon credits, planned since March

The National Bank for Economic and Social Development, BNDES, made public, on Thursday (26), the purchase of R$ 8.7 million in carbon credits from five companies selected in the Public Call for Acquisition of up to R$ 10 million in Carbon Credits.

Among the 11 proposals received by BNDES, developers were chosen for the purchase of carbon credits, in conjunction with their respective partners. The selected developers were Biofílica, Solví, Sustainable Carbon, Carbonext, and Tembici.

After the selection process, the projects will undergo due diligence that will consider technical and legal evaluations to be carried out by BNDES teams, in order to be selected for the acquisition of carbon credits.

In March of this year, 2022, BNDES initiated the public call for the purchase of carbon credits.

At that time, proponents were invited to participate in a selection process to present their technical and commercial proposals for acquiring carbon credits related to projects aimed at emission reduction stemming from deforestation and forest degradation, REDD+, reforestation, and energy, with the objective of acquiring carbon credits by BNDESPAR for BNDES.

The director of Participations, Capital Markets, and Indirect Credit at BNDES, Bruno Laskowsky, through the exclusive initiative to purchase carbon credits, contributes uniquely to the stimulation of the carbon sector and supports the culture of decarbonization in the country. 

Projects

Biofílica Investimentos Ambientais works together with the Association of Residents of the Rio Preto Extractive Reserve, Asmorex.

They presented a conservation project for the Amazon rainforest (REDD+) that encompasses approximately 94,289 hectares in the municipalities of Machadinho d’Oeste and Cujubum (RO) and foresees actions for sustainable development in the communities.

Carbonext Technology in Environmental Solutions plans, in conjunction with Copacabana Agropecuária, Ipanema Agropecuária, Leblon Agropecuária, and Bela Aliança Agropecuária, a proposal aimed at forest conservation (REDD+), as well as social and biodiversity development actions in Bujari (AC), in an area of approximately 20,669 hectares. 

Revita Engenharia has a project that generates renewable energy from methane at a landfill in the Quatá region (SP). 

Also, Sustainable Carbon, Environmental Projects, and Cerâmica Gomes de Mattos have a project aimed at generating renewable biomass fuel in the area of Crato (CE) and have social development activities together with local communities. 

Lastly, Tembici Participações, M2 Soluções, and Transportes Sustentáveis Soluções em Engenharia work together by providing public bicycle services in the municipalities of São Paulo (SP) and Rio de Janeiro (RJ). The proposal qualifies as a fuel exchange at the transportation headquarters.

What Is BNDES and What Does It Do

BNDES is a development bank among public institutions that emerged in 1940 and has since played an important role in the socioeconomic development of the countries and regions where it operates.

Each BNDES institution has a unique way of operating; however, they share the common goal of applying intellectual, human, social, and financial capital to cooperate in the introduction of policies and support for public and private sectors to take risks in strategic investments.

BNDES acts as the main instrument for executing the Federal Government’s investment policy – which regulated the carbon and methane credit market in the country – and aims to promote sustainable and competitive development of Brazil’s economy, with job creation and reduction of regional social inequalities.

Tags
Roberta Souza

Autora no portal Click Petróleo e Gás desde 2019, responsável pela publicação de mais de 8.000 matérias que somam milhões de acessos, unindo técnica, clareza e engajamento para informar e conectar leitores. Engenheira de Petróleo e pós-graduada em Comissionamento de Unidades Industriais, também trago experiência prática e vivência no setor do agronegócio, o que amplia minha visão e versatilidade na produção de conteúdo especializado. Desenvolvo pautas, divulgo oportunidades de emprego e crio materiais publicitários direcionados para o público do setor. Para sugestões de pauta, divulgação de vagas ou propostas de publicidade, entre em contato pelo e-mail: santizatagpc@gmail.com. Não recebemos currículos

Share in apps