Juan E. Notaro Executive President of FONPLATA – Development Bank The main role of development banks is to fund programs and projects that may not be convenient or profitable for commercial banks. Development, in the broad sense, is everything that contributes to improve people’s well-being and...
The Development Bank approved a USD 16 million funding for the “Urban Development and Mobility Program of Sorocaba”, in the Brazilian State of São Paulo, to carry out road and drainage works, aiming at reducing the impact of floods and carbon emissions. This operation is part of a cofinancing...
The Development Bank approved more than USD 30 million funding to support the “Integrated Program for Sanitation and Water Resources in Indaiatuba/SP – Jundiaí River Clean”, of that municipality of the Brazilian State of São Paulo. The general purpose of the program is to contribute to improve the...
The Development Bank approved more than USD 11 million funding for the project "Speed Up Palhoça: Urban Infrastructure of the Southern Region and Frei Damião" of this tourist town in the Brazilian State of Santa Catarina. The purpose of the investment is to improve the quality of life of its...
Juan E. Notaro Executive President of FONPLATA – Development Bank Due to its own nature, the climate affects our life in every respect. Likewise, climate change and its consequences are changing habits, landscapes, and attitudes in the whole planet. The finance world, especially finance for...