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Loading ...BNDES Finances Stem Cell Research Centers / BNDES apoia a centros de pesquisa com células-tronco
Tuesday, September 15th, 2009From the Brazilian Development Bank (BNDES): BNDES approves R$ 6.6 million in financing to stem-cell research centers The Brazilian Development Bank (BNDES) approved financial support in the amount of R$ 6.6 million to two projects related to the Brazilian Network for Cell Therapy. The non-reimbursable funding is from the BNDES Technology Fund (BNDES Funtec) and […]
BNDES Aids Atlantic Forest Reforestation / BNDES apoia reflorestamento da Mata Atlântica
Saturday, June 6th, 2009From the Brazilian Development Bank (BNDES): The BNDES allocates R$ 15 million in support for Atlantic Forest reforestation projects The Brazilian Development Bank (BNDES) is enlarging its policy to foster social and environmental responsibility. This means R$ 15 million support for reforestation projects in the Atlantic Forest Biome. The non-reimbursable funding resources derive from the […]
BNDES Funds Wind Power Project in Piauí
Wednesday, May 20th, 2009From the Brazilian Development Bank (BNDES): The BNDES finances renewable energy project in Piauí Pedra do Sal, a wind power plant project, to be conducted under the Brazilian Growth Acceleration Plan, gets R$ 72 million from the Bank The BNDES’ Board of Directors approved a R$ 72 million loan to the wind power plant Pedra […]
Checking on the Green Protocol
Tuesday, May 12th, 2009At a ceremony today in which Brazil’s Central Bank joined public and private banks in signing the “Green Protocol” of environmental commitments, Environment Minister Carlos Minc announced that an upcoming meeting with public banks and the Brazilian Federation of Banks (Febraban) will the rules for reporting how banks are meeting their Protocol commitments. Proper reporting, […]
BNDES Finances “Green Polyethylene” Production
Tuesday, May 12th, 2009From the Brazilian Development Bank (BNDES): The BNDES approves financing of R$ 555 million for Braskem to produce sugarcane ethylene and polyethylene Ethanol Chemistry Project is the first to be supported by the Bank The BNDES approved R$ 555.6 million in financing for Braskem’s innovative project intended to produce sugarcane ethylene and polyethylene. The total […]
BNDES Increases Support to Waste Picker Co-ops in 2009
Tuesday, April 28th, 2009From the Brazilian Development Bank (BNDES): BNDES lends R$ 7.4 million to 11 waste-picker recycling cooperatives in 2009 Entities will contribute to raise the population’s awareness and improve separate garbage collection services This year, the BNDES boosted its support to waste-picker recycling cooperatives and approved R$ 7.4 million for 11 institutions. The non-reimbursable funds derive […]
R$101 mil. for Small Hydro in Bahia / R$101 milhões para PCH em Bahia
Monday, April 13th, 2009From the Brazilian Development Bank (BNDES): BNDES approves R$ 101 million in financing for Bahia PCH I The directors of the BNDES have approved R$ 101 million in financing for the company Bahia PCH I. The funds will be used to construct a Small Hydroelectric Plant (PCH Sítio Grande), with installed capacity of 25 megawatts […]
Brazilian Banks Assume Environmental Commitment
Tuesday, April 7th, 2009Brazilian businesses depending on bank financing for their economic activities will have to prove from now on that they are committed to developing socio-environmental policies, such as those regarding respect for human and workers’ rights, conservation of biodiversity, valuing the diversity of local cultures, reduction of poverty and income distribution inequality. This is the intended […]
BNDES-Supported Waste Picker Cooperatives Have Better Standard of Living
Tuesday, March 31st, 2009From the Brazilian Development Bank (BNDES): Survey reveals better standard of living of waste pickers supported by the BNDES The BNDES conducted a survey with recycling waste pickers associated to cooperatives supported by the Bank. The survey detected considerable improvements in the standard of living of these workers and their families. The questionnaire was answered […]
Germans Provide $135 mil. for Brazilian Wind Power
Friday, March 27th, 2009From the Brazilian Development Bank (BNDES): BNDES executes agreement with KfW to borrow US$ 135 million On March 23rd, the BNDES executed a US$ 135.58 million loan agreement with KfW Entwicklungsbank (the German Development Bank) to finance wind power plant projects to be installed in Brazil by Brazilian private companies. By executing this operation, the […]