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ARTICLE · 20 NOVEMBER 2012

Climate Fund - Credit Line for Climate Efficient Projects

Felsberg e Associados
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The National Fund about Climate Change ("Climate Fund") was created by Law no. 12114, of December 9, 2009, and regulated by Decree no. 7343, of October 26, 2010, with the purpose of providing resources to support research and finance projects to mitigate climate change effects and reduce greenhouse gas emissions.

BrazilEnvironment
Fabricio Soler
Fabricio Soler

The National Fund about Climate Change ("Climate Fund") was created by Law no. 12114, of December 9, 2009, and regulated by Decree no. 7343, of October 26, 2010, with the purpose of providing resources to support research and finance projects to mitigate climate change effects and reduce greenhouse gas emissions.

On February 13, 2012, the Brazilian Development Bank ("BNDES") and the Brazilian Ministry of the Environment ("MMA"), to which the Climate Fund is linked, launched the Climate Fund Line of Credit, with the purpose of supporting the implementation of new businesses, the acquisition of equipments and development of technology focused on the reduction of gas emission and adaptation to climate changes and its effects.

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