Improving the Sustainable Performance of Financial Institutions in Brazil
Friends of the Earth - Brazilian Amazonia
- Program Environment
- Program Area Transforming Development Finance
- Grant Amount $100,000
- Grant Period February 1, 2015–January 31, 2016
- Location São Paulo, Brazil
- Geographic Focus Brazil, South America
About this grant
Brazilian development finance has fueled a wave of investment in energy and infrastructure in South America that is pressuring sensitive ecoregions, such as the Amazon rainforest. Friends of the Earth – Brazilian Amazonia is a nonprofit environmental organization that was a pioneer in efforts to improve transparency, accountability, and strong environmental and social standards for public investments specifically in energy and infrastructure. The principle focus of this project has been on standards used by the Brazilian Development Bank, currently one of the largest funders of development and regional integration in South America.