Promoting Sustainable Housing in Brazil

pipeline

The proposed operation is an Investment Project Financing (IPF) initiative with Caixa Economica Federal (Caixa), a prominent National Development Bank and a key player in Brazil's housing sector. This project is strategically aligned with the Federal Government's vision and priorities, and specifically with the Brazilian National Treasury Secretariat's Eco Invest Brazil Program. The program is designed to establish structural conditions that facilitate both public and private investments aimed at the ecological transformation of the country.Caixa has engaged with the International Finance Corporation (IFC) and the International Bank for Reconstruction and Development (IBRD) to harness external resources and develop a dedicated line of credit. This initiative employs blended financing, incorporating resources from Fundo Clima, to capitalize on a largely untapped opportunity within the national housing construction market. The focus is on housing developments holding environmental certifications. The project will be organized around two primary components: the first involves the establishment of a credit line to finance environmentally certified housing developments, while the second is dedicated to institutional strengthening and strengthening financial products and tools to support the project's objectives.