devinitorg/iati-policy-markers huggingface dataset:
CPFL Energia CPFL Energia is a holding company that controls three distribution companies and has majority ownership in several generation projects. CPFL Energia''s distribution companies serve approximately 5 million customers in 515 municipalities.  Its generation companies have total nameplate capacity (operating and under construction) in excess of 4,200 MW, of which CPFL''s portion is 2,379 MW. The IFC investment will assist the company in the completion of its corporate restructuring process, implementation of new corporate governance policies, and preparation for an IPO on the Brazilian Novo Mercado and NYSE, expected to take place in 2003.      Development Impacts and IFC''s Role    IFC''s proposed investment will help the company to complete its corporate restructuring and to prepare it for the IPO on the Brazilian Novo Mercado and NYSE.  CPFL Energia will be one of the few Brazilian energy companies to list on the NYSE.  IFC''s participation would give comfort to domestic and international investors and will allow the company to access cheaper sources of capital on domestic and global capital markets.  IFCs involvement will also help to make this company a highly visible example of the adoption of sustainable business practices in this sector in emerging markets. IFC''s involvement will also ensure the CPFL Energia''s adoption of environmental and social policies that are in line with the World Bank Group policies and global best practices.
DCM Patria COF table, .k-table{ border-collapse:collapse; width:100%; table-layout:fixed; margin-bottom: 15px;} .k-table, .k-table td, table, table td {outline: 0;border: 1px solid #000; } .k-table td, table td { padding: 5px; }           The proposed project involves supporting Pátria Investimentos Ltda. (the Fund Manager or Pátria) by investing in Pátria Crédito Estruturado Fundo de Investimento em Direitos Creditórios (the Fund or Project), a credit opportunity fund (COF). This capital market vehicle will mobilize local and international institutional investors and will provide long-term credits to domestic mid-size companies that are underserved by the local banking sector.         As part of IFCs Capital Market Development Strategy, the Project has the potential to enhance capital market development in Brazil by channeling more capital flows than in the past from local and international institutional investors into underdeveloped credit markets, enhancing capital market liquidity and extending available credit tenors. The Fund can influence the local industry and set up high standards as well as performances that may consolidate the COFs as an investible asset class for local institutional investors. Increase Access to Long Term Finance: The Project will offer alternative sources of financing especially to mid-size companies, which are not be able to get access to adequate funding from local financial institutions. The project is expected to complement IFC current efforts with financial institutions ("FIs") in this market segment.
Development of new asset class: The Project will help deepen and strengthen local Brazilian capital markets to the benefit of local mid-size firms. The Fund Manager is committed to raising the profile of COFs in Brazil as a nascent investible asset class for institutional investors, capable of providing portfolio diversification benefits and risk/return enhancement. 
Job preservation and creation: The Project is expected to support job preservation and creation by supporting the access to adequate long-term funding to mid-size companies, key segment of source of growth and employment in the Brazilian economy.
Crescera Fund V The proposed transaction is an equity investment of up to US$20 million in Crescera Growth Capital Fund V, L.P. (Crescera V or the Fund), a growth equity fund seeking commitments to invest in mid-market growth capital investments in Brazil. The Fund is targeting to raise US$450 million in commitments. (i) The Fund will provide access to long term capital for mid-cap Companies in Brazil.
(ii) The Fund will also support private sector development through operational, financial, and environmental, social and governance (ESG) improvements in local businesses.
TRG EXPANSION Tecon Rio Grande S.A. (TRG or the company) was awarded a 25-year lease through a public tender in 1997 to expand and operate the container terminal (the Terminal) in the port of Rio Grande, Rio Grande do Sul, Brazil.  The Terminal was the second Brazilian container facility to be privatized and is currently the second largest container terminal in Brazil, accounting for approximately 12% of the country''s total container movement.    The proposed project is the expansion of the Terminal, and comprises civil works associated with building a third berth of 250 meters and improvements in the container stacking area, together with purchase of additional equipment, including two additional Post-Panamax gantry cranes, three rubber tired gantry cranes and seven trucks.  The expansion will increase the annual capacity of the Terminal from 300,000 container-moves to about 525,000 container-moves, easing capacity constraints and allowing TRG to capture unmet demand for the Terminals services.  This project would be the second one to be financed by IFC.  In December 1998, IFC financing (a $31 million loan comprising an A-Loan of $7.5 million, a B-loan of $18 million and a C-Loan of $5.5 million) supported the purchase of four cranes, a 300-meter extension of an existing quay, and repair and upgrading of various facilities.
Minerva Beef The proposed Project with Minerva S.A. (Minerva or the Company), the third largest meat processor in Brazil, will support the implementation of a regional expansion program and address the environmental and social impacts of cattle ranching in Brazil. The proposed investment consists of an A-Loan and/or Equity investment.    The Company is undertaking an investment plan over the next four years to: (i) expand the processing and slaughtering operations in South America, more specifically in Brazil, Uruguay and Paraguay; (ii) potentially develop a slaughtering plant in Colombia; (iii) construct, acquire and/or lease six distribution centers across Brazil; and (iv) expand the processing capacity of the Minerva Dawn Farms plant in Brazil (the Project). (i) E&S Standards: The Project will support the implementation of an environmental and social action plan to address the environmental impacts of the cattle industry in Brazil, Colombia, Paraguay and Uruguay which if successful will result in an important demonstration effect in the sector. Minerva will put together a pilot project (with IFC's support) to enhance its traceability programs. If successful, this involvement will be a paradigm change in the region.  (ii) Farmers (Ranchers) Reached: Minerva is one of the largest cattle producers, and one of the largest buyers in the region.  It currently purchases approximately 1.7 million head of cattle per year from 9,000 ranchers, but with this expansion (especially into new foreign markets), Minerva expects to increase its rancher supply base by around 30%.  (iii) Employment: Minerva employs approximately 10,000 full time staff.  The expansion will create significant employment opportunities, expected to exceed 4,000 additional jobs in total, especially in rural areas that need non-farm economic opportunities.  (iv) South-South Investment: The Project will also support the further South-South expansion of one of the most efficient companies in the sector and support the improvement of the institutional environment in Colombia and Paraguay.
Alliar Project Alliar Medicina Diagnóstica, through the legal entity Centro de Imagem Diagnósticos S/A and subsidiaries, (collectively Alliar or Company), is one of the largest imaging diagnostic companies in Brazil, offering, mainly for the private sector, imaging exams from magnetic resonance imaging and computed tomography to ultrasound, x-rays, mammography among others. The Company resulted from the consolidation of existing and renowned brands of the segment in Brazil. As of Mar12, Alliar summed 8 brands, 28 outpatient service centers across 16 cities throughout Brazil.   The proposed project consists of the expansion of the Companys operations through the organic opening of new units and potential acquisitions in identified underserved regions. The Project is expected to have strong development impact by way of the following: (i) Promotion of social inclusion and better health outcomes by bringing diagnostic services of good quality to underserved regions where today patients must travel over 200km for a Magnetic Resonance exam;   (ii) Creation of jobs and training opportunities to local staff, particularly women (70% of Alliar''s workforce is female). This employment generation will be focused on regions outside large metropolitan areas of the country, specifically in the North, Northeast and Midwest regions of Brazil - frontier regions. (iii) Improvement of healthcare standards for quality, efficiency and ethical practices in the acquired regional units.  (iv) Economic development: In addition to job creation, tax generation through the opening of new patient service centers will also contribute to direct economic development in less developed regions of Brazil.
Natura Bond The investment involves the purchase by IFC,  for its own account,  of unsecured debt instruments, in a principal amount of BRL300,000,000 with an up to 5 years tenor and bullet principal payment at maturity, issued in the Brazilian capital markets by Natura Cosméticos S.A. (Natura or the Company) (the Project). These debentures will be labelled as sustainability-linked debentures (in accordance with the Sustainability-Linked Bond Principles of 2023, issued by the International Capital Market Association  ICMA) with Natura committing to increase its sourcing from the Amazon to 49 new bioingredients by 2027, up from 44 ingredients as of 2023. Assessment of Project Outcomes - Supplier Effects. The Project is expected to stimulate the local supply chain through the development of novel Amazonian ingredients leveraging biodiversity and by scaling up procurement from the Amazonian bioeconomy. The Amazon rainforest constitutes a vital component of the Earth's natural infrastructure and plays a critical role in regulating the planet's climate system and biodiversity. Despite its ecological significance, Amazon rainforest has witnessed a rise in deforestation rates since 2012, with soybean production and cattle ranching identified as key contributors. Over the past two decades, Natura has cultivated a sustainable value chain within the Amazon biome through collaboration with small-scale agroextractivist communities. The Company sources nearly half of its raw materials from Amazonian suppliers, solidifying its model as a globally recognized example of economic use of the standing forest. 
Assessment of Contribution to Market Creation - Inclusiveness. At the market level, IFC expects that the Project will incentivize other companies to adopt sustainable sourcing practices from Amazon. This has the potential to unlock economic opportunities for marginalized populations within the region. Collaborating with small-scale agroextractivist communities can improve the livelihoods of these underserved groups, while simultaneously promoting sustainable practices that contribute to the well-being of the Amazon ecosystem.
Randon SLL Project The proposed IFC investment consists of up to US$100 million A-Loan (in BRL equivalent of approximately BRL 500 million) to Randon S.A. Implementos e Participações (Randoncorp or the Group) the largest manufacturer of trailer and semi-trailer in Latin America, and a leading global producer of motion control systems (through its subsidiary Fras-Le Mobility) and auto-parts. The loan will partly support the Groups 2023-25 capex plan related to Randoncorps ESG commitments, which consist of sustainability-related investments aimed at reducing GHG emissions, improving OHS within the Groups factories, and increasing the number of women in leadership positions. The Project will support (i) the decarbonization efforts of the Group by improving its resource efficiency for its manufacturing operations and Randon's GHG emission reduction targets; (ii) a more inclusive workforce in Brazil; and (iii) improvements in occupational health and safety improvements in Brazil's car and truck manufacturing sector. Moreover, the Project will support the continued growth of the automotive industry in Brazil, in addition to enhancing the market competitiveness of the industry through demonstration and replication.
Koin Project table, .k-table{ border-collapse:collapse; width:100%; table-layout:fixed; margin-bottom: 15px;} .k-table, .k-table td, table, table td {outline: 0;border: 1px solid #000; } .k-table td, table td { padding: 5px; }        The proposed project consists in an up to US$2.25 million equity investment in the Series A Equity Funding Round in     Koin Administradora de Cartões de Crédito Ltda. (Koin or the Company). Koin is a payment solution provider (PSP) that offers a postpaid solution for online purchases where the consumer receives the goods before paying directly to the merchants. The Company also provides credit for online purchases in installments. I. Facilitation of electronic payments: The investment in Koin will promote the development of a low cost and pervasive payment infrastructure in Brazil. Making payments electronically rather than in cash has been shown to generate efficiency and promote economic development

II. Wider Availability of Goods and Lower Prices: The ability to receive the good upfront and pay later is an enabler for the e-commerce sector. Therefore, Koin, as an innovative payment solution, will result in better availability and distribution of goods and services. In addition, Koin allows customer without a credit card to participate in ecommerce and benefit from the wider availability of goods and lower prices
Viveo Project Founded in 1996, Viveo (the Group, CM Hospitalar S.A.) is a leader in the manufacturing and distribution of disposables materials and medicines in Brazil. Viveo brings together the expertise of 10 specialized companies, offering a broad portfolio of more than 10,000 products, services and solutions in each link of the health sector chain, from manufacturing to delivery to the patient. Viveo is a key player addressing the challenges resulting from the COVID-19 pandemic in Brazil. The most significant, expected project-level outcome is the improved delivery of medical products and the quality of the supply chain.  This will strengthen service provision by healthcare facilities throughout the country, including in frontier regions. Beyond the project, IFC anticipates that its financing could support greater market resilience as service capacity to treat COVID-19 increases.
Sao Paulo Alpargatas Northeast Expansion SPASA is one of Brazil''s leading footwear manufacturers specializing in the production of low-cost sandals and athletic footwear. The project consists of an investment program that will: (i) increase SPASA''s production capacity to meet the expected growth in demand for its products in Brazil; (ii) provide lower cost and high quality products; (iii) maintain its leading position in the domestic market; (iv) improve its profitability through operating efficiencies; and (v) export to competitive markets.        IFC Role and Developmental Impact:     By supporting SPASA in its ivestment program IFC will assist one of the few successful domestic companies in the footwear sector build on its strategy of lowering cost, improving production efficiency and increasing capacity.  The Brazilian footwear sector is fragmented and is increasingly facing competition from lower cost imports from Asia; SPASA is one of the few companies that has successfully managed to restructure its business activities and modify its operations to lower cost and improve product quality and maintain its market position.  However, despite its improved financial performance, the company has very limited access to long-term finance as international commercial banks are unwilling to lend long-term.  In addition to local development banks, IFC remains the only viable source of long-term finance for the company.  The project will have a significant development impact as the majority of the investment program will take place in the Northeast of Brazil, one of the least developed regions of the country. By financing this project IFC will help meet the Brazilian governments objective of reducing poverty and stimulating development in this region of the country. In addition to creating additional employment and generating tax revenues, the project includes important investments in employee training and education, which will bring additional benefits to the region. Through this investment program, the company will also upgrade its environmental facilities.
FIRST Project The project entails an IFC equity investment of up to $15 million in Fundo de Investimentos Riqueza Social para Todos (FIRST) Fund, (FIRST or the Fund), a 10-year closed-end impact investing fund that seeks to raise $125 million The Fund will target growth companies that have the potential to provide products and services to 1 million low-income people in Brazil. The capital will aim to invest mainly in the North and Northeast regions of Brazil and the education, health, housing, financial services sectors. The Fund will be managed by FIRST Gestao de Investimentos, a subsidiary of FIR Capital, a Brazilian venture capital fund manager established in 2001 that currently manages two venture capital/private equity funds in Brazil. (i) Encouraging economic/private sector development and job growth in the underserved frontier regions of Brazil; (ii) Improved Corporate Governance and Demon-stration Effects; (iii) Specific impact on low income households per sector (e.g. patients served for the health companies or students reached for education companies) in support of IDGs.
QGOG Rigs Project The project is to build and operate two dynamically positioned semi-submersible offshore drilling rigs capable of working in water depths of up to 2,000 m and 2,400 m, respectively, under charter and service contracts executed with Petróleo Brasileiro S.A. (Petrobras) in Brazil.   Queiroz Galvão Óleo e Gás S.A. (QGOG), the oil and gas subsidiary of Queiroz Galvão S.A. (QG), will operate these rigs which will be owned by separate special purpose offshore group companies. The rigs are expected to be mobilized by 2009. The project offers a strong development impact:  Development of Brazils Energy Sector:  This project will help develop the Brazilian energy sector through building greater operating capacity and strengthening the oil and gas support infrastructure in Brazil. While, the Country in now near self-sufficiency in oil, significant new investment is needed, as planned, to grow its oil and gas production from current levels to meet growing energy demand in the Country.  Promoting Domestic Private Sector Participation:  Consistent with the governments objectives and those of PROMINP, Programa de Mobilização da Indústria Nacional de Petróleo e Gás Natural, a program coordinated by the Ministry of Mines and Energy with the participation of Petrobras, and other national and industry organizations, that seeks to enhance local participation, skills and industry capacity to support the development of the hydrocarbons sector, this project will promote domestic private sector participation in the oil and gas industry. The local services sector that is being developed can be expected to grow into an internationally competitive one, able to provide competitive services for both Petrobras and other business  within Brazil and beyond    Generating Local Linkage Benefits: Significant domestic expenditures during operations in sourcing goods and services from QGOGs growing activities will generate increasing local linkage benefits.  Providing Local Employment, Training and Development of Local Skills:  With nearly all employment associated with Project operations comprised of Brazilian nationals, this project will provide local employment and training and help develop local skills.
SP River CleanUp The proposed IFC investment consists of a financing package of up to US$100 million to Desenvolve SP  Agência de Fomento do Estado de São  Paulo S.A. (Desenvolve SP or DSP) to support its lending to private sector medium sized water and energy service companies (WESCOs) operating in the water, wastewater and solid waste sectors. The financing package will consist of an A-loan up US$75 million and would mobilize institutional investors to invest in an up to US$25 million B-Loan. The proceeds of IFCs loan will be used as followed: (i) at least 75% will be used to finance WESCOs that enter into performance-based contracts (PBCs) under the Pinheiros River Clean-up program; and (ii) up to 25% will be used to finance small and medium-sized enterprises (SMEs) in the waste and water sector (the Project). The most significant expected project-level outcomes are the stakeholder impact from increasing access to sewage network and wastewater treatment by tackling the financial constraints of WESCOs, as well as the ensuing environmental impact by reducing the amount of untreated wastewater and associated pollutants discharged into the Pinheiros river basin. Beyond the proposed investment, IFC anticipates that this investment will promote market competitiveness with strong demonstration effects of supporting the implementation of PBCs to leverage the expertise of the private sector in the wastewater sector. Successful implementation of the proposed investment is expected to attract private sector developers in the wastewater sector in Brazil by demonstrating the feasibility and bankability of similar projects.
Alfa Loan Project The proposed investment consists of a financing package of up to US$215 million to Banco Alfa de Investimento S.A. (Alfa or the Bank) in Brazil, out of which IFC would commit an A-Loan up to US$150 million and would mobilize institutional investors to invest in an up to US$65 million B loan. The purpose of the proposed investment is to support climate-smart auto loans (mainly flex-fuel cars, which use both gasoline and ethanol, and hybrid/electric cars) in Brazil, in line with IFCs strategic pillar in the country to support investments in climate-smart and modern technologies to mitigate climate impact (the Project). The most significant expected project-level outcome is an increase in access to finance for climate smart auto, as well as reduction in GHG emissions by increasing funding to acquire electric and flex-fuel cars. Beyond the project outcome, IFC anticipates that the Project will further contribute to market creation through improved sustainability by promoting green financing standards as well as capacity building based of IFC's support to monitor green loans and report GHG emission reductions.
DCM Itau Green Bond The proposed investment consists of the subscription of a green local instrument denominated Letra Financeira, a type of security exclusively for financial institutions,  up to the equivalent in BRL of US$200 million to be issued by Itau Unibanco S.A. (Itau or the Bank), . The Letras Financeiras will be used to support the Banks lending to climate-smart vehicles in order to widen access to finance for the acquisition of climate-smart vehicles in Brazil. The most significant expected Project-level outcome is increased access to climate finance in Brazil by growing Itaus climate-smart auto loan portfolio. Beyond the Project, IFC anticipates that it will contribute toward sustainability by catalyzing additional banks to (i) provide climate finance for climate smart vehicles through capacity-building, demonstration and replication channels and (ii) structure and issue green Letras Financeiras in the local capital markets of Brazil.