Scope The NDB Board approved a loan of USD 1.2 billion to the Brazilian Development Bank BNDES for the BNDES-NDB Sustainable Infrastructure Project. The NDB loan will support BNDES in financing sustainable infrastructure sub-projects in the public and private sectors with the scope of works focused on developing sustainable infrastructure aiming at the achievement of selected Sustainable Development Goals SDGs. As a critical enabler of faster and inclusive economic growth the infrastructure development of the sub-projects is expected to deliver a wide range of socio-economic benefits to Brazil. The Project will contribute to the efforts of the Government of Brazil to support socio-economic growth and development through sustainable infrastructure investments in key sectors.Project Objective The Project will support improvement in the socio-economic wellbeing of people in Brazil in line with the GoBs vision of driving growth through sustainable infrastructure development as well as Brazils commitments to the 2030 Agenda.Project Description NDB will provide a sovereign guaranteed loan to BNDES for on-lending to the public and private sectors for sustainable infrastructure sub-projects in the following eligible sectors Renewable Energy and Energy Efficiency generation transmission and distribution Urban Mobility Water and Sanitation Transport and Logistics Information and Communication Technology and Social Infrastructure.Expected Benefits The Project will contribute to the GoBs efforts to support socio-economic growth and development through sustainable infrastructure investments in key sectors. The development impact of the Project is expected to be achieved through a results chain consisting of i new andor upgraded sustainable infrastructure across the eligible sectors of the Project and ii the immediate and direct expected benefits of the use or application of the sustainable infrastructure delivered by the sub-projects. The infrastructure development through the sub-projects will enable faster and inclusive economic growth and is expected to deliver a wide range of socio-economic benefits to Brazil. In addition the Projects emphasis on identifying and promoting innovation in sub-projects is expected to enhance the capacity of NDB and BNDES to further integrate considerations of innovation into their wider operations.Environmental and Social Aspect The Project has been categorized as Category FI-B in line with the NDBs Environmental and Social Framework. The Projects main environmental and social impacts may include resettlement alteration of habitats pollutant emissions during construction occupational and community health and safety. The negative impacts will be mitigated by adherence to country system requirements BNDES ES policies and the implementation of an Environmental and Social Impact Management Plan. The Project will be implemented in four years. BNDES will be responsible
π Key Information
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Tender Reference No.
458799188
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Publication Date
17 Dec 2020
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Estimated Value
USD 1500000000
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Sector
Banking, Finance, Insurance and Securities (BFIS)
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Deadline
31 Dec 2031
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Notice Type
Projects
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Location
Brazil
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Contract Duration
11 Years 14 Days
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Documents & Downloads
No documents found
π·οΈ CPV
No CPV found
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