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Impacts of Investments of the Brazilian National Development Bank on Regional Sustainability

Instituto Socioambiental

  • Program Environment
  • Program Area Transforming Development Finance
  • Grant Amount $175,000
  • Grant Period September 1, 2012–August 31, 2014
  • Location Sao Paulo, Brazil
  • Geographic Focus South America

About this grant

This renewal will support the second phase of a case study being conducted in an important watershed in South America, where the Brazilian Development Bank has significant investments in large energy and infrastructure projects. Specifically, the information generated from this study of the Belo Monte Hydroelectric Power Plant on the Xingu River, a main tributary to the Amazon River in the Amazon rainforest, will be used to engage the Brazilian Development Bank to improve compliance and safeguards of financing large energy and infrastructure projects. Instituto Socioambiental is a Brazilian public interest nonprofit organization focused on integrated solutions to environmental and social problems in the region. This case study will build on decades of fieldwork and relationships with communities and key organizations in the region.