The Brazilian government plays a central role in granting concessional funding to enable investments related to climate transition, acting as a driver of public policies and a catalyst for private capital. Through development banks, such as the BNDES, climate funds, and credit instruments with favorable conditions, the State seeks to reduce the risks and costs of projects aimed at the country's ecological transformation.
In this sense, the BIP, acting as the main climate finance hub in the country, seeks to consolidate and increase transparency regarding concessional financing available to the Platform's sectors.
Information on available concessional funding instruments, such as the Climate Fund, Eco Invest, and International Climate Funds, as well as projects supported with these funds in sectors eligible under BIP criteria, will be disclosed in this section.
The BNDES Climate Fund Program uses refundable funds from the National Fund on Climate Change (FNMC), an instrument of the National Policy on Climate Change created to finance projects aimed at mitigating and adapting to climate change. The FNMC was created by Law No. 12,114 of December 9, 2009, and its regulations are defined by Decree No. 9,578 of November 22, 2018, amended by Decree No. 11.
Linked to the Ministry of the Environment, the Fund supports studies, projects, equipment purchases, and technological development that reduce greenhouse gas emissions and increase climate resilience. The Climate Fund provides funding in two modalities, refundable and non-refundable, with the refundable source administered by the Brazilian Development Bank (BNDES) and non-refundable source operated by the MMA.
- To learn more about the Climate Fund in the form of refundable funding, visit the Climate Fund website at BNDES.
Projects
The projects supported by the BNDES through the Climate Fund are directly aligned with the strategic sectors prioritized by the The Brazil Climate and Ecological Transformation Investment Platform (BIP), strengthening essential chains for decarbonization, energy transition, climate resilience, and sustainable development. This convergence amplifies the impact of investments and drives initiatives with high mitigation and adaptation potential on a national scale.
The distribution of funds shows how the Climate Fund contributes to accelerating projects aligned with the national climate agenda and the strategic sectors defined by the BIP. This convergence reinforces the role of the BNDES as an agent for inducing investments with high socio-environmental impact, by supporting initiatives that promote decarbonization, adaptation, and innovation.
Below is a table showing the consolidated support from the Climate Fund distributed across the sectors supported by BIP in 2024 and 2025.
Approved Amount |
| |
|---|---|---|
| Energy | 1494,0 | 10 |
| AGRIC | 94,2 | 1 |
| BIOMETANO SAO LEOPOLDO | 61,1 | 1 |
| BIOMETANO VERDE PAULINIA | 359,8 | 1 |
| BIOO PARANA HOLDING | 101,5 | 1 |
| GÁS VERDE IGARASSU | 72,2 | 1 |
| GEO ELETRICA FUNDO CLIMA | 33,6 | 1 |
| MUN-JUIZ DE FORA USINA BIOMETANO | 40,0 | 1 |
| NEOGAS | 38,2 | 1 |
| RAIZEN E2G (+ INOVACAO E | 500,0 | 1 |
| TROPICAL BIOGAS LTDA | 193,4 | 1 |
| Industry and Mobility | 1398,3 | 6 |
| EST-ES REFROTA | 150,0 | 1 |
| MUN-BH REFROTA FUNDO CLIMA | 317,1 | 1 |
| MUN-CURITIBA F.CLIMA ONIBUS | 380,0 | 1 |
| MUN-PORTO ALEGRE FUNDO CLIMA | 447,8 | 1 |
| MUN-SAO JOSE DOS CAMPOS P | 103,4 | 2 |
| Nature-Based Solutions and Bioeconomy | 1666,6 | 19 |
| BELTERRA - CACAU SUSTENTA | 100,0 | 1 |
| CICLUS RIO | 88,0 | 1 |
| FLONA IRATI | 110,1 | 1 |
| GERDAU - CENTRO DE RECICL | 212,4 | 1 |
| IGUAPE AGROFLORESTAL | 200,0 | 1 |
| LOGA FASE | 126,6 | 2 |
| MOMBAK GESTORA DE RECURSO | 80,0 | 7 |
| REGREEN JATOBA RESTAURACA | 250,0 | 1 |
| Suzano Restauração Ambiental | 250,0 | 1 |
| SYMBIOSIS FLORESTAL | 77,6 | 1 |
| TECIPAR - AMPLIACAO ATERR | 20,0 | 1 |
| TREE AGROFLORESTAL | 151,9 | 1 |
| Total overall | 4558,8 | 35 |
Consolidated BNDES support with Climate Fund resources by sector of The Brazil Climate and
Ecological Transformation Investment Platform (BIP), considering loans contracted under the
different modalities of the Climate Fund Program.
- To learn more about the Climate Fund in the form of refundable funding, visit the Climate Fund website at BNDES.
Eco Invest Brasil was created to boost sustainable private investment and attract foreign capital for long-term projects. With innovative financial mechanisms, the program enables strategic projects for green industry, biome recovery, infrastructure to deal with the effects of climate change, and technological innovation for Ecological Transformation.
- For more information, click here.
Brazil accesses funds from institutions such as the Climate Investment Funds (CIF) and the Green Climate Fund (GCF) for forest restoration, bioeconomy, and transition to a carbon-neutral economy projects, with soft loans and grants.
During COP30, the Ministry of Finance, in partnership with the Brazilian Development Bank (BNDES) and the Green Climate Fund (GCF), revealed plans for a historic catalytic equity investment fund, scheduled to launch in 2026. BNDES and GCF teams are working together to build the fund, including an initial indicative size of over US$400 million. The proposed fund – the first of its kind dedicated exclusively to a country – aims to leverage over US$1 billion from commercial investors and development finance institutions, serving as an important instrument to support projects in the BIP sectors.
Brazil has been officially invited by the Climate Investment Funds (CIF) to prepare an investment plan worth up to US$ 250 million under its Industry Decarbonization Program (IDP).
The Brazilian proposal is part of the Novo Brasil initiative and linked to the Brazil Climate and Ecological Transformation Investment Platform (BIP) – a country platform designed to increase investment in ecological transformation towards decarbonization of the economy, sustainable use of resources, and improvement of the population's quality of life.
In the upcoming months, Brazil will begin drafting the investment plan, which will be submitted to the CIF Committee for approval. The plan will detail priority projects, proposed financial instruments, and strategies for mobilizing private capital to drive the decarbonization of domestic industry, consolidate clean technology value chains, and expand access to sustainable industrial solutions.
- For more information, click here.