devinitorg/iati-policy-markers huggingface dataset:
Climate Change and Disaster Risk Reduction In November 2009 Australia and the Caribbean Community (CARICOM) signed a new development assistance partnership to provide a framework for cooperation on climate change adaptation and disaster risk reduction, economic resilience, and people-to-people and institutional linkages through education, sports and volunteers. The overall objective of this assistance is to support regional partners and communities in the Caribbean to address vulnerabilities associated with climate change and natural disasters, and facilitate links with Pacific partners, specifically to develop action plans, strategy documents and protocols to inform adaption and mitigation activities in Antigua and Barbuda, Belize, Dominica, St Vincent and the Grenadines and St. Kitts-Nevis. The total value of this initiative is $14.0 million over 4 years, starting 2009-10.
ALA Scholarships 2011 Intake The Australian Leadership Awards (ALA) aim to develop leadership and build partnerships and linkages within developing countries, while addressing priority development issues of the region.  ALA Scholarships are for study at Masters or Doctorate level in an Australian university. Study programs must relate to a priority development area: disability, economic growth, education, environment, food security, gender, governance, health, human rights, infrastructure, regional stability, rural development, water and sanitation. ALA scholars also undertake a Leadership Development Program in Australia.  In 2011, a total of 205 ALA scholarships will be awarded. The total value of this multi-country initiative is $35.0 million over 7 years, starting 2010-11.
ABN AMRO REAL The project entails a $75 million credit line (Credit Line) to be provided to Banco ABN AMRO Real S.A. (Banco Real or the Bank).

Proceeds from the Credit Line will be used by Banco Real for:

-  origination of eligible (i.e., predominantly SME) domestic trade receivables from Brazilian corporates, which would be securitized in an appropriate, bankruptcy-remote ABS (i.e., Fundos de Investimento em Direitos Creditórios or FIDC) format, and eventually placed with local investors, and

-  on-lending activities to support two forms of sustainability-oriented business activities at the Bank, (environment-related lending and credit support for family-owned, middle market companies that improve their corporate governance practices).  The lending in (ii) above will be identical to the purpose of the $51 million IFC Sustainability Credit Line (SCL) currently outstanding to Banco Real.

The project is intended to:

-  Broaden the availability to local companies of funding sourced in the domestic capital markets using recently established FIDC structures, and thereby allow these companies to provide incremental credit (at more favorable terms) to their SME  as well as other end-consumer  clients.

-  Encourage further Sustainability-targeted (in particular, Environment- and Corporate Governance-related) reforms in Brazilian companies, like those already being engendered by the SCL outstanding to Banco Real.
CORSAN Water The proposed transaction consists of a sustainability linked A Loan of up to BRL450 million to Companhia Riograndense de Saneamento  Corsan (Corsan or the Company), a water utility wholly owned by Rio Grande do Sul state, in Brazil. It operates in 317 municipalities, serving 6 million people, two thirds of the States urban population. The loan will have 8 years tenor including 2 years grace period. The funds will be used to support Corsans BRL453 million capital expenditure program for water loss reduction and energy efficiency improvements (the Project). The direct anticipated impact of this project is to increase quality of water supply services in Rio Grande do Sul and the environmental benefits of reducing wasted water resources. At the market level, the project will contribute to increase competitiveness of water sector in Brazil by demonstrating a feasible water loss reduction strategy that improves the financial viability of water utilities. The project also contributes to introducing into the market sustainability linked loans as an innovative financial product with potential to enable water infrastructure sector investments.
Schahin Rigs The project is to build and operate two dynamically positioned semi-submersible offshore drilling rigs capable of working in water depths of up to 2,400 m and 2,000 m, respectively, under charter and service contracts executed with Petróleo Brasileiro S.A. (Petrobras) in Brazil.   Schahin Engenharia S.A. (Schahin), the flagship company of the Schahin Group, will operate these rigs which will be owned by separate special purpose offshore group companies. The rigs are expected to be mobilized by 2009 and 2010, respectively. The project offers a strong development impact:  Development of critical infrastructure to support 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 is now near self-sufficiency in oil, significant new investments are needed, as planned, to grow its oil and gas production from current levels to meet growing energy demand.  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 businesses  within and outside Brazil.  Promoting competition:   Petrobras initiative will help widen the number of players active in this sector, and also creates a positive demonstration effect for other developing countries. IFC will be supporting a private company from a developing country which seeks to increase its participation in the local and regional energy markets.  Generating local linkage benefits:  Significant domestic expenditures during operations in sourcing goods and services from Schahins 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 will help develop local skills.  Given the above, IFC has identified the following monitorable development impact indicators:    - incremental local labor employment;  - annual expenditures in domestic goods and services and  - annual training expenditures.
Ceape-MA Project The proposed project entails supporting Ceape-MA (CM or the Client) to diversify its funding with an investment of up to USD 3 million. The proposed project development impacts are expected to be high and far reaching. CM would be able to extend its services to a larger portion of the population in the state of Maranhão. The outcome range from job creation to poverty reduction.
Anima Northeast Founded in 2003, Anima Educação (Anima or the Company), an existing IFC strategic client, is a quality-focused listed for-profit tertiary education company in Brazil, offering undergraduate, graduate, technical courses and online executive courses. With 115k students, the Company ranks #8 by number of students and operates a total of 43 campuses in the states of Minas Gerais, São Paulo, Santa Catarina, Paraná and Goiás through its brands UNA, UNI-BH, USJT, SOCIESC and Le Cordon Bleu (through a joint venture). In addition, Anima provides corporate training through its brand HSM and EBRADI. Its value proposition is an affordable superior academic quality offer, a strong corporate identity based on innovation, personalized contents and career path powered by a unique learning system. Anima just announced the acquisition of AGES, a 5,6K top quality university group with 7 campuses in the states of Bahia and Sergipe (frontier regions), with a relevant positioning in medical courses. The investment project with IFC intends to support the acquisition of AGES and the Companys expansion plans. The Project is expected to have a positive development impact by (i) increasing access to high quality affordable tertiary education in a frontier region in Brazil, (ii) contributing to address the shortage of physicians and nurses in the Northeastern region of Brazil given AGES' focus on health disciplines, and (iii) contributing to market competitiveness through demonstration of an effective business model that enables smaller tertiary education providers to formalize their operations, scale up, reach efficient costs and expand their services in underserved areas.
Origo 2022 Project EBES Sistemas de Energia S.A. (Origo or the Company) is a leading solar power distributed generation (DG) company in Brazil, serving small and medium-sized enterprises and residential customers.     IFC proposes to finance the design, engineering, construction, installation, and operation of a portfolio of solar DG projects for an aggregate installed capacity of 50MWac.     The Project is expected to be supported by Climate Technology Fund DG Solar Program as described in the Blended Finance Section. The main project outcomes are the supply of electricity at affordable tariffs to residential and small-scale commercial consumers, and the reduction of GHG emissions. At the market level, the Project increases competitiveness by demonstrating commercial viability of a unique community solar business model and innovative technologies that contribute to further develop the DG market in Brazil.
Banco Itau-CL The bank offers an array of financial services, including retail, commercial, corporate, and private banking. The credit line to be established would be used to finance companies that have viable projects but limited access to term financing.  Onlending will be carried out for investments in the areas of sanitation, development of water and sewage services, small power plants including biomass-based energy plants, industrial expansion and environment support.     The proposed project is a response to the following:   a) Strong demand for, and inadequate availability of, long-term financing for private infrastructure projects.   b) Inadequate financial resources for the private sector and exports.    Even for the more efficient firms, capital scarcity has been a major constraint to modernize plant and equipment, to expand in order to meet external competition, or take advantage of new opportunities opened by changes in relative prices.  Under todays market conditions - with access alternately closed (when bad news occurs) or open only for top-quality credits- the ability of Brazils private sector to borrow externally remains minimal and limited to a few blue chip companies and banks for short maturities at high rates.  IFC''s credit line will help provide much-needed long-term financing to Brazilian companies.  Furthermore, it will enable IFC to help a relatively large number of Brazilian corporates more efficiently than through direct IFC lending.       This project has important benefits for Brazils financial and infrastructure sectors--both key in promoting growth. Increased productivity in a globalizing environment is today''s challenge for Brazilian firms, which, historically, have mainly competed against other domestic producers.  In this connection, improving the countrys infrastructure is a priority of the government of Brazil, since major bottlenecks are emerging in power, ports, railways, gas, roads, urban transport, and water, due to low investment over many years.       Given the weak investor confidence in emerging markets, there is a major capital and financing constraint, and several initiatives have been delayed or put on hold.  The proposed credit line will be critical to the countrys rehabilitation and expansion efforts as it continues to recover from the recent difficult environment and as the Brazilian companies brace for competition in globalized markets.
Tribanco Eq Established in 1990, Banco Triângulo S.A. (Tribanco or the Bank) is a niche, medium-sized bank, which plays an important role in providing financial services to MSMEs and low income individuals. Its target market is mostly composed of clients that are served by the Integrated Martins System (IMS), which is a group of companies related to the Bank that provide wholesale distribution, training and financing services and represent the largest supply chain in Brazil. As of December 2009, Tribanco posted total assets of R$1.7 billion and credit portfolio of R$1.2 billion, with net income of R$42 million. In March 2010, the Banks total assets remained at R$1.7 billion, credit portfolio totaled R$1.1 billion and net income reached R$13 million in the first quarter of the year.

IFCs investment will comprise a financial package of up to R$38 million (equivalent to $21 million) equity investment in the Bank (the Project).  The Projects proceeds will help an existing IFC client, with a long and successful track record, to continue to expand its supply of innovative financial services for the MSME segment. - Poverty Reduction and Increase in Access to Finance: the project is expected to have a high development impact. It is expected to be significant in terms of its support for micro and small businesses and employment generation in areas and among populations that are underserved by the formal banking system. Tribanco follows Martins Group to the most remote and neglected urban and rural areas of Brazil, where many people (small shops and end consumers) have virtually no access to financial services. The proposed investment will support Tribanco's role as a pioneer bank that is widening access to credit in remote and under-privileged sectors of the economy. 

- Corporate Governance: the project is expected to contribute to the improvement of market governance standards, particularly as this is a family-held bank, in which IFC would become the first minority investor. This is a very important step for the Family and will represent an important contribution to the development of corporate governance standards in Tribanco.
Banco BV Solar The proposed investment consists of a 5-year amortizing loan of up to US$150 million to Banco Votorantim S.A. (BV or the Bank) to support on-lending for solar distributed generation systems in Brazil. IFC expects that the A loan will increase access to climate finance in Brazil, particularly in the renewable energy sector, specifically in the small-scale solar distributed generation. Brazil is ranked as the largest emitter in the LAC region and the 12th largest emitter in the world as of 2021 with 497 million tons of CO2eq per year . To tackle this, Brazil has pledged to reduce GHG emissions (in relation to 2005 values) by 43 percent by 2030. To do so, IFC estimated a climate-smart investment potential of US$1.3 trillion from 2016 to 2030  to close the gap, with the bulk of the near-term investment potential lying in energy efficiency, renewable energy, and the agricultural sector. However, the current share of climate finance in the market is insufficient to address the countrys green finance objectives. Through the project with IFC, BV will expand its solar loan operations as it contracts longer term funding to match the solar loan portfolio maturity. The Project will also contribute to reducing GHG emissions by helping BV expand its lending to finance solar systems.  Brazil added almost 10GW of solar systems in 2022, the fourth largest amount of any country in the world. Through this project, IFC will help the Bank contribute to the energy transition in the country as it will increase its financing for solar systems.
Bradesco Create The Projects objective is to support lending to micro, small and medium enterprises (MSME) operating within regional productive clusters (APL, for Arranjos Produtivos Locais) in Brazil, through Banco Bradesco S.A. (the Bank or Bradesco). Addressing the lack of access to finance for MSMEs is a strategic priority for IFC as it is considered a constraint to shared prosperity and poverty reduction. The Project will also target MSMEs in the North and Northeast regions of Brazil, and MSMEs operating in Creative Industries (CI), which include industries that use culture and creativity as their main input to produce functional outputs with commercial value. The Project will continue to support an existing relationship between IFC and Bradesco, one of the leading financial groups in Latin America with an extensive footprint in the MSME segment and in the Brazilian economy. IFC anticipates that the Project will contribute to narrow Brazil's MSME finance gap by enabling Bradesco to increase its financing to MSME operating within the APLs ecosystem. MSMEs are crucial for the development of Brazils economy. However, the MSME finance gap is estimated at US$483 billion or 27% of GDP as estimated by the SME Finance Forum. In addition, a part of the proceeds is expected to be on-lent to MSMEs operating in CI. Last, IFC expects that the successful expansion of lending to MSMEs with the proposed regional and industry focus by a market leader in Brazil will increase competitiveness in the lending market, by generating a positive demonstration and encourage replication by other banks.
Votorantim Cimentos Decarb The proposed investment consists of an A Loan of up to US$150 million to Votorantim Cimentos S.A. (VC or the Company), a leading cement producer based in Brazil. The proposed project aims to support the modernization of the Salto plant by upgrading existing equipment and expanding its co-processing capacity to increase the use of alternative fuels (The Project). IFC expects the Project to create positive environmental effects by reducing the carbon intensity of cement production in the Company's Brazilian operation with a larger use of alternative fuels and by strengthening Votorantim Cimentos' commitment to its global decarbonization pathway. At the market level, the Project is expected to have a strong demonstration effect by incentivizing other players to replicate VC's funding strategy by issuing sustainability linked loans, with the goal of attaining the demanding climate related standards of the industry.
Netshoes Cayman Limited An up to US$20 million equity investment to support Netshoess expansion in Latin America and new verticals. Specialized on sporting goods, Netshoes is one of the largest and most acknowledged pure e-commerce companies across Latin America with significant presence in the Brazilian market. - Job creation focused on women: the Company''s expansion plan in emerging markets will generate a significant number of direct high skilled jobs in the areas of logistics, IT services and marketing. Over 55% of Netshoes''s operational staff are women who are given significant responsibility to manage and advance their career. The indirect job creation impact is also significant through supply chains benefiting local small and medium enterprises (SMEs) and suppliers of goods and services.  - Benefit to consumers: Online e-commerce and marketplaces allow consumers to search for the best price, and provide them with more choices with convenient delivery services (among others), and improving the purchase experience.  - Supply Chain development: The Company''s plans to expand in new verticals which will contribute to expanding its positive impact on a wide number of much smaller local suppliers.
SocGen EF Brazil table, .k-table{ border-collapse:collapse; width:100%; table-layout:fixed; margin-bottom: 15px;} .k-table, .k-table td, table, table td {outline: 0;border: 1px solid #000; } .k-table td, table td { padding: 5px; }        The project involves providing an up to US$ 50 million BRL equivalent A loan to SG Equipment Finance S.A. Arrendamento Mercantil (SGEF Brazil or the Company). The funds will be used to provide financing, mainly through leasing, to climate smart transactions (the Project). The Project counts on Credit Enhanced Loan Transaction (CELT) guarantee issued by Société Générale Group in France (SGG) which covers all commercial credit risk with the exclusion of certain country risk events. Supporting climate-change mitigation investments through financial intermediaries is a key pillar of IFCs strategy. -	Positive Climate Change Mitigation. Through climate smart financing, SGEF Brazil's activities will have a direct impact in lowering greenhouse emissions and encouraging efficient management and re-use of scarce resources.
-	Contribute to the confidence in the leasing sector in Brazil. By providing its first loan to a leasing company in Brazil and the first within SGEF entities, in the midst of an economic contraction, the Project will help address a potential confidence crises and increase market confidence in SGEF Brazil and in the leasing sector in Brazil.
DCM Sol Agora FIDC The proposed project (the Project) consists of a 9-year (including 1 year of grace period) investment of up to BRL 250 million investment in one or more series of senior quotas of Sol Agora Green II ESG FIDC (Sol Agora FIDC or the Fund), which is a non-recourse vehicle that provides long-term financing to diversified residential clients and small and medium enterprises (SMEs) for the acquisition and installation of micro and mini-distributed solar power generation assets in Brazil. IFC anticipates that the Project will promote increased access to climate finance to retail customers and SMEs in Brazil, promoting the replacement of costly energy sources with lower-cost, solar-generated electricity. The attractive spread between the average electricity tariff and the levelized cost of electricity for solar will imply immediate cost savings upon installation of the solar panel.

Through IFC investment, Sol Agora is expected to support an expansion of around 90MW, thus contributing to the improvement of the carbon footprint of the power sector in Brazil. The Government of Brazil has committed to reducing the countrys GHG emissions by 50% compared to 2005 levels in 2030 under the Nationally Determined Contribution (NDC) submitted as part of the Paris Agreement. The Project will contribute to the countrys climate mitigation agenda by supporting, with a small footprint but directly, the displacement, particularly during draught events, of high-polluting thermal power sources such as coal and heavy fuel oil, with non-conventional renewable energy, hence reducing the associated carbon emissions.

IFC anticipates that the Project will help deepen the Brazilian FIDC market by supporting the nascent ESG-oriented FIDC sub-sector. Sol Agora FIDC is aligned with the Green Bond Principles and has received an SPO (Securitização de Performance Operacional Sustentável) from Bureau Veritas as a pure-play ESG vehicle. Only a few Green FIDCs are in operation in Brazil so far.
Sudati MDF Project Industria Sudati de Compensados Ltda. (the Company or Sudati) is a Brazilian exporter of plywood and producer of Medium Density Fiberboard (MDF). Sudati operates 5 industrial facilities across the southern states of Parana and Santa Catarina. Sudati is constructing a new MDF Production line at its existing MDF plant in Santa Catarina, Brazil. IFC expects the Project to provide stable access to market and technical assistance for farmer suppliers. At the market level, the Project will help strengthen the competitiveness of Brazils wood panel sector by introducing advanced designs that increase operating efficiency.