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BNDES in the Legal Amazon - CPI
This policy brief by the Climate Policy Initiative analyzes the activities of the Brazilian Development Bank (BNDES) in the Legal Amazon from 2009 to 2019. It highlights a concentration of funding in large-scale hydroelectric infrastructure that serves the rest of Brazil, while a significant portion of the local population remains without reliable electricity or basic sanitation. The document suggests that BNDES has an opportunity to pivot toward the energy transition and regional development by investing in renewable energy and digital connectivity.
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Document type: Policy brief
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