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In Brazil, by financing the growth in the green loan portfolio, Proparco is supporting the implementation of the climate finance strategy of one of the main banks, BTG
Client presentation

“Banco BTG Pactual S.A.” (BTG) is a major player in the financial system in Brazil and all over Latin America. BTG is the largest investment bank in Latin America, the 6th largest bank in Brazil in terms of capital and a key player in the allocation of loans and guarantees, from SMEs to large companies. BTG is a pioneer in promoting climate finance in Brazil and plays a key role in channeling green resources for projects that have a positive impact on mitigating the effects of climate change.

Project description

Through this loan, Proparco is supporting the implementation of BTG’s climate finance strategy by financing the bank’s green loan portfolio.

Project impact

The project is expected to create or maintain some 5,400 direct or indirect jobs over the next 5 years. More generally, through its impacts, the project should contribute to SDG n° 8 (Decent work and economic growth) and n° 13 (Take urgent action to combat climate change and its impacts).

17/12/2020
Date of signature of the project
Brazil
Location
Financing tool
83 661 005 Euros
Amount of funding
USD 100m loan
Financing details
Banco BTG Pactual S.A.
Client
CES