The Ministry of National Treasury is expected to publish by midday the second announcement of the Brazilian program. The new auction will give project priorities that focus on restoring deteriorating pastures and maintaining a strategy to attract foreign capital to finance the environmental transition to the Brazilian economy.
Resolution No. 5,205, which was published on Thursday (17) by the National Monetary Council (CMN), changed the rules of the line and was the first step to enable the new event. The expectation is to repeat and expand the results obtained at the first auction, which was held in July last year.
The standard updates the program rules aimed at giving more flexibility to use resources and expand financing.
Among the developments is permission to operations, not only direct loans, but also tools such as investment funds, next certificates and bonds. This allows the inclusion of organized projects and a greater diversification of financial agents.
In addition, there are mandatory funds collected within 24 months, under the re -distribution penalty.
It also provides a greater legal prediction ability by detailing the hedge mechanisms and performance indicators that must be taken into account in the selection process.
The pasture recovery is strategic to remove carbon from Brazilian agriculture and increase agricultural productivity.
The National Plan for the Transfer of the Deviolation Pastures (PNCP), which was launched in 2024, is consistent with the government’s environmental transformation plan (PTE).
The goal is to convert or recover up to 40 million hectares that deteriorated in a decade. The idea is used to double the production of pills in the country without the need to open new areas. The total investment, according to the government, is about $ 120 billion.
Interested institutions will have 60 days, after publishing the notification, to make their proposals. Pre -eye reports, and the commitment to filling capital and accountability with independent audit.
More than 6 billion dollars of capital
In the first round, Ecoinvest initially contributed $ 7 billion, which achieved $ 45 billion in sustainable projects, through the National Climate Change (FNMC).
The goal was to encourage the entry of international private capital into sustainable projects, using the partial financing structure (full financing), which allows to reduce the risk and costs of operations for foreign investors.
Nine banks were chosen to reach the line. ITAú, HSBC and Santander got the largest resource allocations. HSBC, Bradesco and Citi have already provided the largest amount of leverage – until it hit public capital until 8 times.
The notification also created the criteria for influence and competitiveness: for institutions with the larger financial leverage and the lower need for general priority support in allocation.
In addition, projects must be aligned with PTE targets, with a focus on sectors such as energy transmission, vital and vital economic economy, sustainable agriculture, flexible buildings and carbon capture.
The second auction will maintain the logic of financing, but it will be directed to projects that enhance the recovery of degraded lands, especially pastures, and one of the most relevant environmental obligations in Brazil.
The program is part of the sustainable financing axis of the ecological transformation plan, which is coordinated by the Ministry of Finance, and seeks to take advantage of long -term investments with the environmental, social and economic impact, whenever it is possible to determine the priorities of national products and services.
