TRANSPARENCY

BNDES launches platform to monitor climate fund investments

Featuring at COP30, the bank's new mechanism will allow the public to track the progress of approved financing projects, providing information on amounts, location, company size, and type of support

Published on Nov 9, 2025 4:04 PM

BNDES é o maior financiador de ônibus elétricos da América Latina, com R$3,8 bilhões desde 2023; maioria parte dessas operações é financiada com recursos do Fundo Clima. Foto: Crédito: Edson Lopes Jr./SECOM

By BNDES

Rated by the Brazilian Federal Court of Accounts (Tribunal de Contas da União/TCU) as the most transparent state-owned company in 2024, the Brazilian Development Bank (BNDES) has launched an open-access platform to monitor the New Climate Fund – the largest climate fund in the Global South, supporting projects in energy transition, decarbonization, and reforestation.

Through the platform, users can track the progress of approved projects, including information on investment amounts, locations, company size, and type of financial support. “With this platform, BNDES reaffirms its commitment to transparency and to the ecological transition that ensures a future for new generations,” said the bank’s president, Mr. Aloizio Mercadante.

The mechanism's operation will be addressed by the BNDES during program made available by the bank at COP30.

Access the transparency portal here.

Between 2023 and 2025, BNDES approved BRL 19 billion in credit for projects across Brazil through the Climate Fund. This is a substantial increase on the BRL 1.6 billion approved between 2019 and 2022.

According to Mr. Nelson Barbosa, BNDES Director of Planning and Institutional Relations, the Climate Fund—financed by the National Treasury and Green Bonds—supports the electrification of urban transport, biofuel production, reforestation, and green industry. In the mobility sector, BNDES is the largest financier of electric buses in Latin America, with BRL 3.8 billion in approvals since 2023, potentially reducing 115,000 tons of CO₂ per year.

Established in 2009 and linked to the Ministry of the Environment and Climate Change (MMA), the Climate Fund operates under two modalities: reimbursable (managed by BNDES) and non-reimbursable (managed by MMA).

A record of transparency

The launch of the platform reinforces BNDES’s commitment to transparency. In the latest evaluation by the TCU, the bank achieved a transparency index of 96.81%, more than 20 points above the national average, and 100% in active transparency, according to the Office of the Comptroller General (Controladoria-Geral da União/CGU).