Juan E. Notaro Executive President of FONPLATA – Development Bank As it has already happened with energy and transport, sustainable finance is also proving to be profitable A few years ago, it was almost an oxymoron to talk about green investments. It was fine to take care of the planet, but it was...
The Development Bank has approved a funding of more than USD 25 million for the project “Transport and Urban Mobility in Criciúma/SC – II”, State of Santa Catarina, which aims at improving the quality of life of the population and the city’s resilience to the effects of climate change by investing...
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...