Biofuel Producers Receive R$ 1 Billion Credit Line Established by BNDES

Written by Roberta Souza

Published on 09/02/2021 at 14:25

Sede da BNDES

Be the first to react!

The Objective of the BNDES Credit Line Is to Stimulate the Reduction of Emissions in the Sector

The National Bank for Economic and Social Development – BNDES, approved a credit plan of 1 billion reais for biofuel producers, aiming to stimulate the reduction of emissions in the sector. The program called BNDES RenovaBio allows biofuel producers to reduce interest rates if they meet the CO2 reduction targets set by the bank.

Renovabio Program:

Renovabio is a federal government program launched by the Ministry of Mines and Energy in December 2016, aimed at expanding the production of biofuels in Brazil, based on predictability, environmental, economic, and social sustainability, and compatible with market growth.

Loan and Interest:

Considering that the upper limit for each economic group is 200 million reais, the maximum value of each loan is 100 million reais per production unit. The total repayment period will be 96 months, including up to 24 months of grace period.

BNDES explained that if the client proves that they have met the planned CO2 emission reduction target after the grace period, interest rates may be reduced by up to 0.4%.

Biofuel Producers Receive R$ 1 Billion Credit Line Established by BNDES

The Objective of the BNDES Credit Line Is to Stimulate the Reduction of Emissions in the Sector

See Also Other News of the Day:

Renovabio Program:

Loan and Interest:

Libya built over 4,000 kilometers of underground pipelines to bring water from the Sahara to coastal cities in a project that the government itself called the Eighth Wonder of the World.

Desert sand, previously discarded for being too smooth for concrete, becomes an ecological brick in the United Arab Emirates, dispensing with Portland cement, curing at room temperature, and attempting to transform dunes useless for construction into raw material for a new arid engineering.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

Chinese woman planted trees for decades while sand buried part of her house, received $5,000 from an American in 1999, and helped transform the desert into a forest of 8 million trees in China.

Described by astronauts as one of the most unlikely natural phenomena on Earth, the Okavango Delta spreads over up to 15,000 square kilometers in the middle of the desert and transforms Botswana into a living labyrinth of channels, islands, and flooded areas.

Almost 6,000 residents live concentrated along a single street nearly 9 km long in the interior of Poland. Houses form a continuous row, and behind them, narrow agricultural strips emerge, creating one of the most unusual rural patterns in Europe.

Scientists were looking for a black hole in a galaxy 11 billion light-years away, but ALMA revealed a “factory” of neutrinos hidden by dust and powered by intense star formation.

Seen from above, Brøndby Haveby looks like a science fiction setting, but it is a real community near Copenhagen, with 24 garden circles, 284 plots, country houses, and rules that prevent residents from living there year-round.

How discarded Christmas trees are becoming “branch traps” on beaches, holding sand carried by the wind, rebuilding dunes, and transforming festive waste into natural storm defense along the Alabama coast in the USA.

Facing difficulties in filling positions in stores, distribution centers, and support areas, Carrefour started using the government’s social registry as a basis to recruit workers in vulnerable situations.

The man who stopped the desert: a farmer from Burkina Faso defied decades of drought with an ancestral technique ignored by agronomists and transformed dead land into a 40-hectare forest, with more than 60 species of trees, while his village was engulfed by sand in Africa.

Biofuel Producers Receive R$ 1 Billion Credit Line Established by BNDES

The Objective of the BNDES Credit Line Is to Stimulate the Reduction of Emissions in the Sector

See Also Other News of the Day:

Renovabio Program:

Loan and Interest:

Libya built over 4,000 kilometers of underground pipelines to bring water from the Sahara to coastal cities in a project that the government itself called the Eighth Wonder of the World.

Desert sand, previously discarded for being too smooth for concrete, becomes an ecological brick in the United Arab Emirates, dispensing with Portland cement, curing at room temperature, and attempting to transform dunes useless for construction into raw material for a new arid engineering.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

Chinese woman planted trees for decades while sand buried part of her house, received $5,000 from an American in 1999, and helped transform the desert into a forest of 8 million trees in China.

Described by astronauts as one of the most unlikely natural phenomena on Earth, the Okavango Delta spreads over up to 15,000 square kilometers in the middle of the desert and transforms Botswana into a living labyrinth of channels, islands, and flooded areas.

Almost 6,000 residents live concentrated along a single street nearly 9 km long in the interior of Poland. Houses form a continuous row, and behind them, narrow agricultural strips emerge, creating one of the most unusual rural patterns in Europe.

Brazilian scientists are simultaneously advancing two research projects on clean hydrogen and driving solutions that could transform the energy matrix, enhance industrial competitiveness, and accelerate large-scale emission reduction targets.

Advancement in renewable energy: A R$ 150 million project launched by Petrobras and Finep aims to create state-of-the-art electrolyzers for green hydrogen, strengthening national research and preparing Brazil to compete in a billion-dollar energy market.

Illiterate or semi-literate grandmothers were trained to repair solar systems, open rural workshops, and light up homes that still depended on kerosene.

The world has bet on green hydrogen as the fuel of the future, but now faces the side effect: producing 1 kilogram requires about 9 liters of ultrapure water, and the largest projects on the planet are precisely in the driest regions of the Earth, where water is already scarce for people.

Africa has about 500,000 cell towers and most still burn diesel to operate, while companies rush to cover antennas with solar energy and avoid signal blackouts.

Scientists were looking for a black hole in a galaxy 11 billion light-years away, but ALMA revealed a “factory” of neutrinos hidden by dust and powered by intense star formation.

Seen from above, Brøndby Haveby looks like a science fiction setting, but it is a real community near Copenhagen, with 24 garden circles, 284 plots, country houses, and rules that prevent residents from living there year-round.

How discarded Christmas trees are becoming “branch traps” on beaches, holding sand carried by the wind, rebuilding dunes, and transforming festive waste into natural storm defense along the Alabama coast in the USA.

Facing difficulties in filling positions in stores, distribution centers, and support areas, Carrefour started using the government’s social registry as a basis to recruit workers in vulnerable situations.

The man who stopped the desert: a farmer from Burkina Faso defied decades of drought with an ancestral technique ignored by agronomists and transformed dead land into a 40-hectare forest, with more than 60 species of trees, while his village was engulfed by sand in Africa.