INTIEABrazil · BNDES support for sugarcane industryPolicyIn force

BNDES support for sugarcane industry

Special funding line was created at the begging of the Covid-19 pandemic to support sugarcane industry.  This program provided emergency financial support thru working capital loan for ethanol storage. It was an integrated action with other banks, through co-financing, to…

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Country / jurisdiction: Brazil · Year: 2021 · Status: In force · Level: National · Type: Voluntary

Special funding line was created at the begging of the Covid-19 pandemic to support sugarcane industry.  This program provided emergency financial support thru working capital loan for ethanol storage. It was an integrated action with other banks, through co-financing, to support companies in the need for liquidity.

With R$ 3 billion budget, the funding ranged from R$ 10 million to R$ 200 million per company.  With this programme, BNDES seeked to minimize the risk of energy shortages in the post-pandemic period.

Official source: https://www.bndes.gov.br/wps/portal/site/home/financiamento/produto/programa-bndes-de-apoio-ao-setor-sucroalcooleiro/!ut/p/z1/xVNdk5sgFP0tffCRgKLR9M2m2diNaeJk0mx42UFFpVVwAZNuf30xuzuz_crMPpUX4HI595x7ABJ4B4mgJ15Tw6Wgrd0fyfQ-zJbzJPbddJm6Hsr20TbbRQnezH14uCSgf4wYQfL6_uZzcIMydzu9vQmmeJp58AskkBTC9KaBx1yUTN9zoQ03Q3Fh4KBGdsxBFRdUFJx2TBipHdRy0VANeiVrRTu7qgZRjgcvEXABAyUDtJdcAiqBZkYqoIdCSdoWUraMKznW7wtewmPgBx5loQe8gHrAn5URmNE8BJj6URT6tHRL9qz3SkPI9XYcxno2JZ2tFom_QenmE16gOJmngb9YucsZfk64gnG0HMJXHFbbEGVB8iEMU4x2HwN4OHF2hnshVWc93L1RYoLg7a-2_anSvgv-9eGBxNY8KQz7buDdf3HPEvHUer6urURqGsBFZYNvhrGC61bmTy8-FjmOLKBiFVNMTQZlw40xvX7vIAedz-fJBXdSy9MkVzbSj9SlMqNizQ170f1UfuyQonZScvxcatB_q9JIbZv4Ozjsu30X4UfwrVovsE_yR_wjZYf43U9Wuxyr/dz/d5/L2dBISEvZ0FBIS9nQSEh/

Source

https://www.iea.org/policies/13016

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