Release date: 19 June 2025
Promoter – Financial Intermediary
BANCO NACIONAL DE DESENVOLVIMENTO ELocation
Description
Loan through Brazil's development bank to partly finance investment projects in the water and sewerage sector located throughout the country.
Objectives
This project will improve access to water and sanitation services in Brazil. The purpose of this programme is to support achieving Brazil's national objectives under its "Sanitation National Plan" (Plano Nacional de Saneamento Básico) and its new "Sanitation Legal Framework" (novo Marco Legal do Saneamento) approved by Lei n. 14,026/2020, as well as the Sustainable Development Goals numbers 3, 6, 11, 13, 14 and 17. The loan will be used for the rehabilitation, expansion and construction of water and wastewater infrastructure and expansion of services to unconnected customers.
Sector(s)
- Water, sewerage - Water supply; sewerage, waste management and remediation activities
Under Global Europe NDICI guarantee
Under EFSD+ Guarantee
Proposed EIB finance (Approximate amount)
EUR 300 million
Total cost (Approximate amount)
EUR 600 million
Environmental aspects
Significant environmental and social risks are not expected at this stage. Compliance with the national legislation and the Bank's environmental and social standards will be assessed during Appraisal and subsequent allocations. The schemes are expected to have some minor environmental impacts during construction and no negative residual impact in the operational phase. The project's residual negative impacts during construction and operation are limited and offset by the expected positive impacts.
Procurement
The Bank will require the Promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.
Status
Under appraisal - 25/10/2024