devinitorg/iati-policy-markers huggingface dataset:
Real Student Fin Banco Real, a leading Brazilian bank wholly owned by ABN AMRO, is developing a lending program (the Program) to provide financing to undergraduate and working adult students in Brazil.  The Program is designed to increase and facilitate access to post secondary education to lower and middle income students.  Banco Real approached IFC with a request to:     - assist in structuring the Program; and    - risk-share certain credit losses in excess of a pre-determined first loss amount.     The initial size of the Program is expected to be approximately R$50 million, equivalent to approximately $25 million. The Program will enhance access to higher education in Brazil by supporting the development of the private sector student loan market. A well developed student loan market could help to improve equality in access to education in Brazil, by enabling middle and lower income students to finance their post-secondary education with long term loans.  Improved access to student financing will be critical in realizing the enrollment expansion rates that both Government and private sector analysts expect to take place in the medium term. In addition, developing the student loan market deepens financial markets by adding a new asset class for financial institutions and investors.
ECO Brazil Project Brasil Port Logistica Offshore e Estaleiro Naval Ltda. (the Company) is developing an independent port terminal (the Terminal) within the Port of Açu on the northern coast of Rio de Janeiro to serve the offshore supply industry (the Project). The Project will help strengthen Brazil''s private port infrastructure and services for the offshore industry.  The increased and modern capacity at the Terminal will help ease the current congestion at existing offshore support bases servicing main basins in southeast Brazil (mainly, the Campos basin).  The Project will create direct and indirect employment opportunities and introduce new specialized skills to Brazil''s offshore logistics and supply chain.  The Project would also increase revenues for the Government of Brazil through increased economic activity and higher tax payments and royalties from higher productivity in the oil industry.
UP Offshore (Bahamas) Limited The project consists of the acquisition of up to 10 new and second-hand offshore platform supply vessels (PSV) in order to provide supplies and services to oil and gas companies engaged in exploration and production activities (E&P) on the Brazilian Atlantic shelf. New PSVs will be built both in Brazil and overseas; these PSVs are most in demand for the deep and ultra-deep waters currently being explored off the coast of Brazil. Brazilian flagged vessels that are to be built in Brazil will be held in a Brazilian subsidiary of the project company, while vessels acquired internationally will be held through a Panamanian subsidiary and chartered to the Brazilian entity.    Liberalization of the Brazilian oil and gas industry in 1998 and increasing E&P activities off the Brazilian Atlantic coast create a large market for services to offshore oil and gas platforms. These services include transportation of personnel, equipment and various supplies as well as anchor handling, towing, and line handling, and are typically performed by specialized vessels at all stages of the E&P activities. By specialization, offshore supply vessels ("OSV") are categorized into (i) anchor handling, tow and supply vessels, (ii) line handling vessels, (iii) crew boats and (iv) PSVs. PSVs are involved in providing offshore drilling and production facilities with various supplies including equipment, pipes, lubricants, chemicals and drilling mud. They can also perform fire fighting as well as oil recovery operations in case of an oil spill at an offshore platform. The demand for PSVs operating at the Brazilian coast is estimated to double by 2005 from the present level of around 30 vessels. The Project will focus on the PSV segment of the market where there is a greater need for modern vessels and more potential for differentiation from competitors.    By investing in this project, IFC would be supporting Brazils efforts to beneficially exploit deep water natural resources important for economic growth, facilitating the provision of private infrastructure services and supporting private sector activity in the Brazilian shipping and shipbuilding sector.
Fibra Cap Incr Established as a multiple bank in 1989, Banco Fibra S.A. (Fibra or the Bank) is a mid-sized Brazilian bank focused on credit, operating both in the middle market and low income retail segments. As of December 2010, Fibras credit portfolio reached BRL 7.9 billion. 

To ensure the sustainable growth of its lending business and accomplish its diversification strategy, the Bank is pursuing an equity capitalization during the first half of 2011. Fibra has expertise in credit operations, particularly involving SME borrowers and low income individuals.  The major development impacts expected from this project are: (i) with a strengthened capital base, the Bank will be able to further expand its credit activities, increasing access to credit for both SMEs and low income individuals; (ii) the presence of well capitalized mid-sized banks in Brazil is an important factor to maintain competitiveness in the even more concentrated Brazilian banking sector after the crisis.
Anima Equity GAEC Educação S.A. and its subsidiaries (the Company or Anima) is a private, for-profit education company focused on quality higher education for middle and mid-low income students in Brazil. Anima was founded in 2002 and currently has over 49,000 students distributed through 15 campuses. The Company owns four educational institutions: (i) UNA; (ii) Uni-BH, both of which are located in the state of Minas Gerais; (iii) UNIMONTE, which is situated in the city of Santos (São Paulo); and (iv) HSM, located in São Paulo and Rio de Janeiro. IFC is considering being an anchor investor in the Animas IPO, supporting its expansion program via Mergers and Acquisitions and the implementation of 15 Distance Learning centers. i. Demonstration effect: Anima is a high quality, well run university system with a professional management team. Through its efforts to turn around struggling institutions, Anima is contributing to the advancement of the sector by demonstrating the value of professional management and financial discipline in the post-secondary education sector in Brazil; ii. Raise quality standards: Strengthening the Company''s position as a leading education company will pressure other institutions to raise the quality of their services in order to remain competitive; iii. Improve access to services: the Company''s plans to expand its network, especially outside Sao Paulo - Rio de Janeiro axis will enhance the country''s education infrastructure and improve access to quality, affordable post-secondary education services for lower income students; iv. Rationalize the market: The expansion of the Company through growing market share and selective acquisitions may help to consolidate the still fragmented education sector, potentially, leading to rationalization and quality improvement in the industry; v. Employ local professionals (teachers and staff); vi. Expand reach of community service activities; vii. Support young entrepreneurs developing an innovative business model for the sector.
Endesa Brazil Endesa Brasil S.A. is a holding company that distributes, generates and trades electricity in Brazil through its subsidiaries.  The Company was formed in 2005 from the Brazilian energy assets of the Endesa group, which has owned electricity assets in Brazil since 1995.  Endesa Brasils distribution companies have 4.4 million customers, located in 240 municipalities with a total population of approximately 15.5 million people.  Its generation assets have an installed capacity of 3,105 MW.  

The Brazilian electricity market is poised for strong demand growth over the medium-term of about 5% annually while generation capacity is projected to grow at a slower pace.  The funds from IFCs investment will be used to increase generation capacity and also to expand loss reduction programs at the Companys distribution subsidiaries and potential investments in renewable energy projects.
Constellation Brazils national oil company, Petrobras, has announced plans to invest a total of US$174 billion over the period 2009-2013 to help meet the growing demand for energy in the country and the region.  To maximize the economic impact of such investment, Petrobras has sought to increase local private sector participation and involvement by setting local content requirements in its drilling contracts.  These requirements are expected to spur industrial activity and linkage opportunities in-country through the establishment of new shipyard and rig related infrastructure and equipment services.

In response to the opportunities presented by Petrobras plans above, Constellation Overseas, Ltd. (Constellation, the Company), the oil services subsidiary of the Queiroz Galvão Group (QG) and an existing IFC client, intends to expand its oilfield drilling services business by acquiring additional offshore drilling assets that would allow it to participate in Petrobras drilling program that is an integral part of the latters plan to develop significant oil reserves discovered offshore Brazil.  To achieve this, Constellation is raising equity to increase its capital base.  The proceeds from this placement will be used for the construction and/or acquisition of drilling rigs, drillships and/or floating production, storage and offloading facilities (FPSOs). The Project offers a strong development impact:

Development of Brazils critical energy sector:   The Project will help build greater operating capacity and will strengthen the oil and gas support infrastructure in Brazil.  Although the country has reached self-sufficiency in oil, significant new investment is needed to realize its oil and gas production potential in order to meet the growing energy demand of the country and the region.
 
Promoting domestic private sector participation:  This is consistent with the Governments objectives to widen local participation and expand the role of local companies in the oil and gas sector.  Brazil is among the few developing countries that have made a concerted effort to grow multiple local players to provide offshore drilling services.

Providing local employment, training and development of local skills:  Each rig employs an average of 144 highly skilled workers, with nearly all employment associated with rig operations comprised of Brazilian nationals.  

Generating local linkage benefits:   As a Petrobras contractor, Constellation will be bound by the local content requirements for the construction of its new rigs/vessels.  Operation of the Companys rigs will generate demand for local goods and services, estimated at about US$10 million annually for each new rig.  

Promoting competition:  Constellations expansion into new offshore rigs will help enhance the quality of its output and thereby promote increased competition in the local drilling and drilling-related services industry.  It can help expand deepwater technology and capabilities to the sector, attract additional players to the industry, and create potentially a positive demonstration effect for similar companies and national oil companies in other developing countries.
VALOR OPPORTUNITY FUND I, LP The proposed is an equity investment of up to $25M in Valor Venture Fund III (Fund III) and up to $10M in Valor Opportunity Fund I (VOF I). Both funds are Cayman domiciled, investing in early stage technology companies in Latin America (LAC), predominantly in Brazil. 1.	Increased access to early and expansion stage equity for technology companies in Brazil. Access to VC in Brazil has increased significantly over the last few years but remains low compared to the size of its economy. The seed and series A segment (which Valor Fund III operates in) represents 20 percent of volumes and the series B and C stage segment (which the Opportunity Fund will operate in) represents 35 percent of VC volumes. Within this context, Valor will provide access to capital across an investee's lifecycle through its Valor Fund III and Opportunity Fund.

2.	Increased investee growth. Valor Fund III and the Opportunity Fund will leverage their US networks and entrepreneurial background to provide value-creation for investees throughout their lifecycle. 

3.	Increased competitiveness of key markets through the support of market-disrupting digital business models: VC funds such as Valor invest in companies that often introduce a disruptive digital business model in a market. These innovative businesses can put pressure on incumbents to compete on prices and service quality. They can also strengthen supply chains by reducing the role of brokers and intermediaries, which improves price transparency and efficiency.
Sao Martinho Cogen The proposed IFC investment consists of an A loan financing package to Sao Martinho S.A. (Sao Martinho or the Company). Founded in the 1930s by the Ometto family, Sao Martinho is a sugar, ethanol and renewable energy producer in Brazil. Sao Martinho currently operates three sugar mills in the state of Sao Paulo and one distillery in the state of Goias. The project contributes to climate change mitigation by promoting the increase of renewable energy sales and supporting the production of biofuels. In addition, by supporting the ongoing capital requirements to maintain and replant sugarcane, the project contributes to keep the overall health of the industry.
Rede Dor ll With a network of 23 hospitals totaling more than 3.7 thousand beds and 30 oncology treatment units, Rede DOr São Luiz S.A. (Rede DOr or the Company) is the largest for-profit healthcare company in Brazil. The Company has a dominant presence in Rio de Janeiro, São Paulo, Brasilia and Pernambuco.  Rede DOr is undertaking a 5-year investment program (the Project), which comprises expanding the network with greenfield and brownfield projects to further consolidate its position in the markets where it operates. Potential acquisitions to enter new markets are also a possibility, depending on asset availability and valuation. i.	Expand access to high quality medical care, given growing demand in Brazil and limited institutions throughout the country with international standards of care; ii.	Aid in the professionalization of private healthcare in Brazil through Rede Dor''s enhanced corporate governance standards and strong management team; iii.	Employ local professionals (medical and non-medical staff); iv.	Enhance cost competitiveness by supporting a scalable business model in a very fragmented sector.
LDC Brasil Project The proposed project consists of an A Loan of up to US$100 million and a B Loan of up to US$100 million, to Louis Dreyfus Company Finance B.V. (LDC Finance or the Borrower) for on-lending to Louis Dreyfus Company Brasil S.A. (LDC Brasil), to support a portfolio of eligible soy and corn farmers in Brazil that are committed to zero deforestation and conversion of native vegetation (the Project). The most significant, expected Project-level outcome resulting from this investment is economic benefits for farmers and environmental impact by providing incentives for zero deforestation or conversion of natural habitat, building farmer capacity in certification, energy efficiency, and conservation agriculture for input use. At the market level, the Project will contribute to strengthening sustainability of the soybean and corn sectors in Brazil with the potential to demonstrate the feasibility of full traceability.
Bansicredi CL Gr The proposed investment consists of a 7-year loan of up to US$120 million to Banco Cooperativo Sicredi S.A. (Bansicredi or the Bank) to support the Banks sustainable energy finance (SEF) program focused on renewable energy (specifically photovoltaic) projects in Brazil Project Outcome:
Stakeholders effect - Increased access to climate finance: IFC expects that this Project will increase access to finance for climate finance in Brazil specifically through the engagement with the agriculture and energy sectors. Brazil is ranked as the 13th largest emitter in 2018  with 457MtCO2 per year and the agriculture and energy sectors are together responsible for over 60 percent of the GHG emission in Brazil. The Country is projected to continue to increase its emission stemming from the rapidly increasing agriculture production. Through the Project with IFC, Bansicredi will strengthen the operational capacity to better identify opportunities to expand its climate asset portfolio, promoting more sustainable agricultural practices. Bansicredi has an extensive reach in the rural areas and agribusinesses in Brazil, through which the Project will promote the sustainable practices in the agriculture production and the energy use. To measure the progress against this outcome, IFC will track the number and volume of outstanding climate-smart loans.

Market Creation:
Sustainability: IFC expects that the Project will contribute to an increased sustainability of the Brazilian financial sector by introducing a green funding instrument to finance green assets. An increased sustainability will be fostered via demonstration and replication, and innovation. IFC aims at achieving this via its partnership with Bansicredi, who will introduce a GLP certified funding, a first time use in the Brazilian financial sector. GLP compliant loans give transparency and comfort to the investors, as the principles provide clarification and guidance on use of proceeds permitted, process for evaluation and selection of assets, management of projects, and reporting. This way, the GLP effectively helps investors avoid opportunities that are "green washed". At the same time, GLP compliant loans may be more economically attractive for smaller institutions, for whom bond issuances are not a viable option.
TermoFortaleza The project consists of the development, construction and operation of a 310.7 MW (net) thermal power plant located in the industrial complex near the Port of Pecém, in the municipality of Caucaia, state of Ceará, in the poorest northeastern region of Brazil that was most severely affected by the recent power rationing program.

The Government of Brazil (GOB) established the Programa Prioritário de Termeletricidade (PPT Program) in order to incentivize the development of licensed thermal power plants so as to more optimally balance the countrys power generation capacity base.  The project is designed to complement the Northeast regions hydropower-based electricity production by providing natural gas-fired generation capacity.  The project is included in the PPT program.

The plant will sell its entire output, under a 20-year Power Purchase Agreement (PPA), to Companhia Energética do Ceará (Colece), the sole electricity distribution company for the state of Ceará.  Cegás, the gas distribution company for the state of Ceará, and Petrobrás, the national oil and gas company, will supply natural gas to the project under 20-year Gas Supply Agreements (GSAs).  Mitsui is the selected EPC Contractor.  The total project cost is estimated at about $250 million.  The plant is currently under construction, and is expected to achieve commercial operation by December 2003.
BERTIN LTDA Bertin Ltda (Bertin or the company) is a leading Brazilian cattle slaughterer, meat and hide processor and exporter. Its products include in-natura and processed beef, leather, cleaning products, personal protective equipment (shoes and gloves), and dog toys. The meat and leather businesses account for nearly 85% of total sales. Bertin procures 85% of its cattle from independent farmers and keeps an 80,000 heads farm and a 100,000 heads feedlot in reserve. Bertins strategy is to attend to the growing domestic and export beef markets with a range of further processed products with the highest quality and environmentally friendly standards.     The purpose of the project is to:     - increase Bertins beef product range to supply growing demand for in-natura and special cuts meats from the EU, Middle East and other countries in South America;    -  increase production by attending new markets such as China for its leather division; and    -  expand its domestic sales of its personal protective equipment and cleaning products.    Each of the project components includes investments to achieve compliance with World Bank/IFC environmental and social standards.  Also, Bertin will enhance its traceability programs to ensure that all animals and hides originate from ranching operations that have environmental land use permits and do not impact sensitive land areas. IFC will help modernize and expand the beef processing industry in Brazil which represented nearly $2.5 billion in exports sales last year. Together with other agricultural commodities exports, the industry contributes to Brazils economic growth. With the implementation of IFC/World Bank environmental and social guidelines, within a reasonable period, Bertin will be able to trace 100% of the animals and hides it processes, ensuring strict sanitary controls while avoiding procurement of cattle from protected areas, all as required by markets such as the EU. Bertin will utilize some of IFCs funds to comply with IFC/World Bank effluent standards in all its facilities. The investment program will also add 7,700 direct jobs in new and existing plants, located mostly in semi-rural areas in the Central South region. IFC will also work with Bertins management to improve corporate governance and overall sustainability of Bertins operations, thus becoming a role model of corporate social responsibility.
Phoenix Tower B3 Phoenix Towers Participações (PTB or the Company) is an independent wireless infrastructure operator based in Brazil and an existing IFC client. The Company provides a full site of customized tower collocation and BTS services to telecommunications operators in Brazil.  PTB is an affiliate of Phoenix Tower International (PTI), headquartered in the United States of America and with existing operations across several countries in Latin America. PTIs strategy and business plan is to own and operate strategic wireless infrastructure in those markets, which are characterized by strong wireless growth, strong underlying real estate rights, while leasing those towers to multinational and investment grade mobile network operators, which face significant capital expenditure needs in order to enhance and grow their wireless networks. Foster competition: Competition among the independent tower operators will allow smaller wireless operators to benefit from reduced barriers to entry as they will have access to leased tower infrastructure for more competitive prices, rather than incurring large Capex for this purpose.   Increased wireless penetration: The construction of additional telecommunication towers will allow mobile operators to expand their services both in terms of capacity and geographic coverage, especially in rural or underserved areas. In addition, tower sharing will drive down the incremental cost of expanding coverage for all carriers thereby reducing the cost of mobile service for end users.   Access to ICT technologies: PTB tower network will support mobile cellular networks but also wireless broadband and backhaul networks, hence improving the penetration of ICT technologies.