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Unlocking BNDES Operation Lifecycle

SITAWI Finance for Good

  • Program Environment
  • Program Area Transforming Development Finance
  • Grant Amount $200,000
  • Grant Period August 1, 2016–July 31, 2018
  • Location Botafogo, Brazil
  • Geographic Focus South America

About this grant

Founded in 2008, SITAWI Finance for Good is a Brazil-based nonprofit organization whose mission is to mobilize capital for positive environmental and social outcomes. For the past year, the grantee has been working in collaboration with Bank Information Center on assessing how financial institutions may upgrade their environmental and social safeguards, while coaching civil society organizations on how to better target their advocacy efforts. Under this grant, the grantee will support strategic investigation, analysis, and documentation about the Brazilian Development Bank’s evolving safeguards policies and instruments and explore how other infrastructure investors may enhance their own safeguards.